HB 2078

Extends the sunset date for the property tax exemption for multiunit rental housing.

Status Chapter Number Assigned
Requested by (at the request of House Interim Committee on Revenue for Representative Nancy Nathanson)
Sponsors Nancy Nathanson (Democrat) (Chief)
Fiscal impact Has minimal fiscal impact
Revenue impact Revenue impact issued

Bill Text

Extends the sunset date for the property tax exemption for multiunit rental housing.

Original Bill Text

Overview#

Digest: The Act would extend the property tax break for multiunit rental housing. (Flesch Readability Score: 60.7). Extends the sunset date for the property tax exemption for multiunit rental housing. Takes effect on the 91st day following adjournment sine die.

Public Testimony

Name Organization Position Date
Ariel Nelson City of Hillsboro Support 2025-02-04
Jonathan Clay Multifamily NW Support 2025-02-04
Brock Nation Oregon REALTORS Support 2025-02-04
Richard Swift Portland Support 2025-02-05
Rebekah Markillie Oregon Housing Alliance Support 2025-02-06
Jenna Jones League of Oregon Cities Support 2025-02-06

Legislative History

Date Chamber Action
2025-01-13 H First reading. Referred to Speaker's desk.
2025-01-17 H Referred to Revenue.
2025-02-04 H Public Hearing held.
2025-04-01 H Work Session held.
2025-04-03 H Recommendation: Do pass.
2025-04-07 H Second reading.
2025-04-08 H Rules suspended. Carried over to April 9, 2025 Calendar.
2025-04-09 H Third reading. Carried by Hudson. Passed.
2025-04-10 S First reading. Referred to President's desk.
2025-04-10 S Referred to Finance and Revenue.
2025-05-05 S Public Hearing held.
2025-05-12 S Work Session held.
2025-05-15 S Recommendation: Do pass.
2025-05-15 S Second reading.
2025-05-19 S Carried over to 05-20 by unanimous consent.
2025-05-20 S Carried over to 05-21 by unanimous consent.
2025-05-21 S Third reading. Carried by Meek. Passed.
2025-05-22 H Speaker signed.
2025-05-22 S President signed.
2025-05-28 H Governor signed.
2025-06-11 H Chapter 193, (2025 Laws): effective on the 91st day following adjournment sine die.

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