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OR SB117

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Unknown

Origin

Senate

2025 Legislative Measures

AI Summary

  • Extends the deadline for cities and counties to issue certifications for vertical housing development project partial property tax exemptions from January 1, 2026 to January 1, 2032
  • Maintains the existing prohibition on the Housing and Community Services Department issuing such certifications after January 1, 2018
  • Amends ORS 307.841 to 307.867, which governs the partial property tax exemption program for vertical housing projects
  • Takes effect on the 91st day following adjournment of the 2025 regular legislative session

Legislative Description

Relating to property tax exemption for vertical housing development projects; prescribing an effective date.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Finance and Revenue1/17/2025

Full Bill Text

No bill text available