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OR SB495
Bill
Status
Failed
6/27/2025
Primary Sponsor
David Smith
Click for details
AI Summary
- Exempts residential dwelling units located within 25 miles of Oregon's coastline from state limits on maximum rent increases
- Amends ORS 90.323 (standard residential tenancies) and ORS 90.600 (manufactured dwelling/floating home tenancies) to add the coastal exemption
- Landlords in coastal areas would no longer be restricted to the state's rent cap formula while other tenant protections (90-day notice, once per 12-month limit) remain in place
- Landlords violating rent increase limits where they still apply remain liable for three months' rent plus actual damages
- Applies to rent increases for which notice is given on or after the effective date of the Act
Legislative Description
Relating to residential rent increase limits.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Housing and Development1/17/2025
Full Bill Text
No bill text available