HB 3232
Removes the eligibility requirement for the low income rental housing property tax exemption that property of a limited equity cooperative be constructed or converted after the local governing body adopts the exemption program.
| Status | Chapter Number Assigned |
| Sponsors | Nancy Nathanson (Democrat) (Chief), James Manning Jr. (Democrat) (Chief), Jeff Golden (Democrat) (Chief), John Lively (Democrat), Wlnsvey Campos (Democrat), Khanh Pham (Democrat), Mark Gamba (Democrat), Lisa Fragala (Democrat), Lesly Muñoz (Democrat), Travis Nelson (Democrat), Deb Patterson (Democrat) |
| Fiscal impact | Has minimal fiscal impact |
| Revenue impact | Revenue impact issued |
Bill Text
Removes the requirement that low-income rental housing in limited equity cooperatives be constructed or converted after local adoption of the exemption program.
Overview#
Digest: The Act would ease one of the rules for an existing limited equity co-op to be able to claim the low income rental housing tax break. (Flesch Readability Score: 60.0). Removes the eligibility requirement for the low income rental housing property tax exemption that property of a limited equity cooperative be constructed or converted after the local governing body adopts the exemption program. Takes effect on the 91st day following adjournment sine die.
Public Testimony
| Name | Organization | Position | Date |
|---|---|---|---|
| Ethan Nelson | City of Eugene | Support | 2025-01-28 |
| Paul V Howard | Eugene | Support | 2025-01-28 |
| Dan Bryant | Eugene | Support | 2025-01-28 |
| Kari Johnson | Eugene | Support | 2025-05-04 |
| Ethan Nelson | Eugene | Support | 2025-05-05 |
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-13 | H | First reading. Referred to Speaker's desk. |
| 2025-01-17 | H | Referred to Revenue. |
| 2025-01-28 | 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 | Rules suspended. Carried over to April 10, 2025 Calendar. |
| 2025-04-10 | H | Third reading. Carried by Nathanson. 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 Starr. Passed. |
| 2025-05-22 | H | Speaker signed. |
| 2025-05-22 | S | President signed. |
| 2025-05-28 | H | Governor signed. |
| 2025-06-11 | H | Chapter 211, (2025 Laws): effective on the 91st day following adjournment sine die. |