HB 3033

Status	In House Committee (HHOUS)
Sponsors	Gregory Smith (Republican) (Chief), Bobby Levy (Republican), Mark Owens (Republican)
Fiscal impact	May have fiscal impact, but no statement yet issued
Revenue impact	May have revenue impact, but no statement yet issued

Bill Text

Introduced

Authorizes counties with populations under 15,000 to adopt property tax exemptions for newly constructed single-family dwellings occupied by primary residents with limited income.

Original Bill Text

Sponsors#

Chief Sponsors: Gregory Smith

Co-Sponsors: Bobby Levy, Mark Owens

Overview#

Authorizes county with population of less than 15,000 to adopt property tax exemption for newly constructed single-family dwellings built and occupied as primary residences by individuals with annual taxable income of not more than $125,000 if filing separately or not more than $250,000 if filing jointly. Requires county to prescribe application forms for precertification process and exemption. Limits new exemptions to no more than five dwellings per county per property tax year. Allows county to determine length of exemption, between three and five years. Prohibits new exemptions for property tax years beginning on or after July 1, 2032. Takes effect on 91st day following adjournment sine die.

Public Testimony

Name	Organization	Position	Date
Tammie Murray	Seaside	Oppose	2021-02-18
David Wall	Newberg	Oppose	2021-02-19

Legislative History

Date	Chamber	Action
2021-01-21	H	First reading. Referred to Speaker's desk.
2021-01-28	H	Referred to Housing with subsequent referral to Revenue.
2021-02-18	H	Public Hearing held.
2021-06-26	H	In committee upon adjournment.