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OR SB15

Bill

Status

Passed

6/23/2025

Primary Sponsor

Kim Thatcher

Click for details

Origin

Senate

2025 Legislative Measures

AI Summary

  • Amends Oregon's simple estate affidavit eligibility by reclassifying manufactured homes from personal property to a combined category with real property for valuation purposes

  • Sets the personal property threshold (excluding manufactured homes) at $75,000 fair market value for estates qualifying for the simplified affidavit process

  • Establishes a $200,000 combined threshold for real property and manufactured homes together, rather than counting manufactured homes separately under the personal property limit

  • Defines "manufactured home" as a structure built for highway movement with sleeping, cooking, and plumbing facilities, used for residential purposes and constructed to federal safety standards

  • Applies to estates of decedents dying on or after the effective date of the Act

Legislative Description

Relating to simple estates.

Last Action

Effective date, January 1, 2026.

6/23/2025

Committee Referrals

Judiciary4/10/2025
Judiciary1/17/2025

Full Bill Text

No bill text available