HB 2653
Creates credit against income taxes for selling publicly supported housing to retain as affordable housing.
| Status | In House Committee (JCTE) |
| Sponsors | Nancy Nathanson (Democrat) (Chief), Courtney Neron Misslin (Democrat) (Chief), Pam Marsh (Democrat) (Chief), Maxine Dexter (Democrat), Julie Fahey (Democrat), Dacia Grayber (Democrat), Bobby Levy (Republican), John Lively (Democrat), Khanh Pham (Democrat), Andrea Valderrama (Democrat), Wlnsvey Campos (Democrat), Kayse Jama (Democrat), Deb Patterson (Democrat), Mark Gamba (Democrat) |
| Fiscal impact | Has minimal fiscal impact |
| Revenue impact | Revenue impact issued |
Bill Text
Creates an income tax credit for sales of publicly supported housing that will be retained as affordable housing between 2024 and 2030.
Sponsors#
Chief Sponsors: Nancy Nathanson, Courtney Neron Misslin, Pam Marsh
Co-Sponsors: Maxine Dexter, Julie Fahey, Dacia Grayber, Bobby Levy, John Lively, Khanh Pham, Andrea Valderrama, Wlnsvey Campos, Kayse Jama, Deb Patterson
Overview#
Creates credit against income taxes for selling publicly supported housing to retain as affordable housing. Applies to sales of housing completed in tax years beginning on or after January 1, 2024, and before January 1, 2030. Takes effect on 91st day following adjournment sine die.
Public Testimony
| Name | Organization | Position | Date |
|---|---|---|---|
| Dacia Grayber | State Representative | Unknown | 2023-01-23 |
| Rob Prasch | Portland | Support | 2023-01-23 |
| Rob Prasch | Portland | Support | 2023-01-23 |
| Erin Doyle | Washington County | Support | 2023-01-23 |
| Brian Hoop | Housing Oregon | Support | 2023-01-23 |
| Sybil Hebb | Oregon Law Center | Support | 2023-01-24 |
| Alli Sayre | Portland Tenants United | Oppose | 2023-01-24 |
| Courtney Neron | Oregon State Legislature | Support | 2023-01-26 |
| Rob Prasch | Portland | Support | 2023-04-06 |
| Rob Prasch | Portland | Support | 2023-04-06 |
| Cameron Herrington | Oregon Housing Alliance | Support | 2023-04-06 |
| Rob Prasch | Portland | Support | 2023-04-08 |
| Nicole Stingh | OHCS Background Information | Neutral | 2023-04-09 |
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. |
| 2023-01-24 | H | Public Hearing held. |
| 2023-03-21 | H | Work Session held. |
| 2023-03-23 | H | Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Tax Expenditures by prior reference. |
| 2023-03-23 | H | Referred to Tax Expenditures by prior reference. |
| 2023-04-07 | H | Public Hearing held. |
| 2023-06-25 | H | In committee upon adjournment. |