HB 4043
Creates credit against income taxes for purchasing publicly supported housing to retain as affordable housing.
| Status | In House Committee (HREV) |
| Sponsors | John Lively (Democrat) (Chief), Deb Patterson (Democrat) (Chief), Courtney Neron Misslin (Democrat) (Chief), Julie Fahey (Democrat), Dacia Grayber (Democrat), Chris Hoy (Democrat), Bobby Levy (Republican), Pam Marsh (Democrat), Jeff Reardon (Democrat) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Creates an income tax credit for purchasing publicly supported housing to preserve it as affordable housing between 2023 and 2029.
Sponsors#
Chief Sponsors: John Lively, Deb Patterson, Courtney Neron Misslin
Co-Sponsors: Julie Fahey, Dacia Grayber, Chris Hoy, Bobby Levy, Pam Marsh, Jeff Reardon
Overview#
Creates credit against income taxes for purchasing publicly supported housing to retain as affordable housing. Applies to sales of housing completed in tax years beginning on or after January 1, 2023, and before January 1, 2029.
Public Testimony
| Name | Organization | Position | Date |
|---|---|---|---|
| Alison McIntosh | Oregon Housing Alliance | Support | 2022-02-10 |
| Rob Prasch | Portland | Support | 2022-02-10 |
| Courtney Neron | HD 26 | Support | 2022-02-10 |
| David Wall | Newberg | Oppose | 2022-02-11 |
| Dacia Grayber | State Representative | Support | 2022-02-11 |
| Jody Wiser | Tax Fairness Oregon | Oppose | 2022-02-11 |
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2022-02-01 | H | First reading. Referred to Speaker's desk. |
| 2022-02-01 | H | Referred to Revenue. |
| 2022-02-10 | H | Public Hearing held. |
| 2022-03-04 | H | In committee upon adjournment. |