SB 117
Extends the sunset date for the partial property tax exemption for the property of vertical housing development projects.
| Status | In Senate Committee (SFR) |
| Requested by | (at the request of Senate Interim Committee on Finance and Revenue) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
Extends the sunset date for partial property tax exemptions on vertical housing development projects.
Overview#
Digest: The Act would extend the partial tax break for vertical housing projects. (Flesch Readability Score: 67.7). Extends the sunset date for the partial property tax exemption for the property of vertical housing development projects. Takes effect on the 91st day following adjournment sine die.
Public Testimony
| Name | Organization | Position | Date |
|---|---|---|---|
| Ramsay Weit | Portland | Support | 2025-02-05 |
| Richard Swift | Portland | Support | 2025-02-05 |
| Cameron Herrington | Oregon Housing Alliance | Support | 2025-02-05 |
| Ariel Nelson | City of Hillsboro | Support | 2025-02-05 |
| Jocelyn Blake | Beaverton | Support | 2025-02-06 |
| Jenna Jones | League of Oregon Cities | Support | 2025-02-06 |
| David Wall | Newberg | Oppose | 2025-02-06 |
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-13 | S | Introduction and first reading. Referred to President's desk. |
| 2025-01-17 | S | Referred to Finance and Revenue, then Tax Expenditures. |
| 2025-02-05 | S | Public Hearing held. |
| 2025-06-27 | S | In committee upon adjournment. |