HB 2466

Extends low income rental housing property tax exemption to housing units owned by limited equity cooperative corporations.

Status In House Committee (JCTE)
Requested by (at the request of SquareOne Villages)
Sponsors Nancy Nathanson (Democrat) (Chief), Paul Holvey (Democrat), John Lively (Democrat), Khanh Pham (Democrat), Wlnsvey Campos (Democrat), Jeff Golden (Democrat), James Manning Jr. (Democrat), Floyd Prozanski (Democrat), Mark Gamba (Democrat), Julie Fahey (Democrat)
Fiscal impact Fiscal impact issued
Revenue impact Revenue impact issued

Bill Text

Extends low-income rental housing property tax exemptions to units owned by limited equity cooperative corporations.

Original Bill Text

Sponsors#

Chief Sponsors: Nancy Nathanson

Co-Sponsors: Paul Holvey, John Lively, Khanh Pham, Wlnsvey Campos, Jeff Golden, James Manning Jr., Floyd Prozanski, Mark Gamba

Overview#

Extends low income rental housing property tax exemption to housing units owned by limited equity cooperative corporations. Takes effect on 91st day following adjournment sine die.

Public Testimony

Name Organization Position Date
Al Johnson Eugene Support 2023-01-23
Andrew Heben SquareOne Villages Support 2023-01-23
Dylan Lamar Eugene Support 2023-01-23
Lisa Jamieson Portland Unknown 2023-01-25
Ann-Marie Gavette Springfield C street Co-op Support 2023-01-25
Brian Hoop Housing Oregon Support 2023-01-25
Melissa McReynolds Springfield Support 2023-01-25
Garlynn Woodsong Oregon Cooperative Housing Network Support 2023-01-25
David Wall Newberg Oppose 2023-01-27
Cameron Herrington Oregon Housing Alliance Support 2023-04-06
Melissa McReynolds Springfield Support 2023-04-06
Andrew Heben SquareOne Villages Support 2023-04-06
Kevin Cronin Housing Oregon Support 2023-04-07
Ann-Marie Gavette Springfield Support 2023-04-07

Legislative History

Date Chamber Action
2023-01-09 H First reading. Referred to Speaker's desk.
2023-01-16 H Referred to Housing and Homelessness with subsequent referral to Tax Expenditures.
2023-01-26 H Public Hearing held.
2023-02-21 H Work Session held.
2023-02-23 H Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Tax Expenditures by prior reference.
2023-02-23 H Referred to Tax Expenditures by prior reference.
2023-04-07 H Public Hearing held.
2023-06-25 H In committee upon adjournment.

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