SB 67

Creates income tax credit for lost rental income of landlord, forgone due to prohibition on evictions and rent nonpayment actions during COVID-19 emergency period.

Status In Senate Committee (SHDEV)
Sponsors Lynn Findley (Republican) (Chief), Mark Owens (Republican) (Chief), Tim Knopp (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

Creates an income tax credit for landlords’ lost rental income resulting from COVID-19 eviction and rent nonpayment prohibitions.

Original Bill Text

Sponsors#

Chief Sponsors: Lynn Findley, Mark Owens

Co-Sponsors: Tim Knopp

Overview#

Creates income tax credit for lost rental income of landlord, forgone due to prohibition on evictions and rent nonpayment actions during COVID-19 emergency period. Applies to tax years beginning on or after January 1, 2020, and before January 1, 2022. Takes effect on 91st day following adjournment sine die.

Public Testimony

Name Organization Position Date
Richard Wisner Siletz Neutral 2023-02-17
Deborah Imse Portland Support 2023-02-19
Molly McGrew Multifamily NW Support 2023-02-20
Marcia Kelley Oregon Womens Rights Coalition Oppose 2023-02-20
Bennett Minton Tax Fairness Oregon Oppose 2023-02-21
David Wall Newberg Oppose 2023-02-21

Legislative History

Date Chamber Action
2023-01-09 S Introduction and first reading. Referred to President's desk.
2023-01-15 S Referred to Housing and Development, then Tax Expenditures.
2023-02-20 S Public Hearing held.
2023-06-25 S In committee upon adjournment.

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