SB 158

Allows a landlord and a tenant to agree to a recurring charge in lieu of a security deposit.

Status In Senate Committee (SHDEV)
Sponsors Mark Meek (Democrat) (Chief)
Fiscal impact May have fiscal impact, but no statement yet issued
Revenue impact May have revenue impact, but no statement yet issued

Bill Text

This Act allows landlords and tenants to agree to a recurring charge in lieu of a security deposit and establishes requirements for such agreements.

Original Bill Text

Sponsors#

Chief Sponsors: Mark Meek

Overview#

Digest: This Act lets landlords charge a fee in lieu of a security deposit. (Flesch Readability Score: 63.4). Allows a landlord and a tenant to agree to a recurring charge in lieu of a security deposit. Establishes requirements of an agreement.

Public Testimony

Name Organization Position Date
Cameron Herrington Oregon Housing Alliance Oppose 2025-02-18
Tim Morris Springfield Eugene Tenant Association Oppose 2025-02-18
Jonathan Clay Multifamily NW Support 2025-02-19
Kevin Cronin Housing Oregon Oppose 2025-02-19
Joel Spector Portland Oppose 2025-02-19
Scott Cantonwine CWC Investment Company Support 2025-02-19
David Wall Newberg Oppose 2025-02-20
Andrew Haynes Gresham Support 2025-02-21

Legislative History

Date Chamber Action
2025-01-13 S Introduction and first reading. Referred to President's desk.
2025-01-17 S Referred to Housing and Development.
2025-02-19 S Public Hearing held.
2025-06-27 S In committee upon adjournment.

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