Senate Bill 1533

Permits certain cities and counties to adopt land use regulations or functional plan provisions, or impose conditions for approval of permits, that effectively establish sales or rental price<b>, or require designation for sale or rent as affordable housing,</b> for up to 20 percent of multifamily structure <i>or limit sales or rental purchase to class or group of purchasers or renters</i>] in exchange for one or more developer incentives. Creates new authority for <i>local government, local service district or special government body</i>] <b>city or county</b> to impose construction taxes, at rate not exceeding one percent of permit valuation, on improvements to residential <i>, commercial and industrial</i>] real property that result in new <b>residential</b> structure or additional square footage in existing <b>residential</b> structure, including remodeling that adds living space<b>, and at rate determined by city or county on improvements to commercial and industrial real property, including commercial and industrial portions of mixed-use property, that result in new structure or additional square footage in existing structure, including remodeling that adds living space</b>. Requires <i>local government, local service district or special government body</i>] <b>city or county</b> to use <b>net</b> construction tax revenue to fund <b>certain</b> developer incentives and programs <b>of city or county</b> related to <i>needed</i>]<b> affordable</b> housing, and to <i>distribute construction tax revenue</i>]<b> to make distributions</b> to Housing and Community Services Department to fund home ownership programs<b> that provide down payment assistance</b>. <b>Maintains current school district construction tax authority, local construction tax authority grandfathered in 2007 and moratorium on all other local government construction tax authority other than authority granted to cities and counties by Act.</b> Takes effect on 91st day following adjournment sine die.

• Senate, third reading20–8

  Passed · Feb 26 · 2 present

• House of Representatives, third reading39–21

  Passed · Mar 3

• Senate committee amendmentAdopted

  Adopted Feb 12

• Senate committee amendmentAdopted

  Adopted Feb 24

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In the Senate Jan 27 – Feb 26

1. Jan 27Filed before the session
2. Feb 1Introduced
3. Sent to Human Services and Early Childhood
4. Feb 8Heard in Human Services and Early Childhood
5. Feb 10Heard in Human Services and Early Childhood
6. Feb 12Human Services and Early Childhood recommended it as amended, and that it go to Finance and Revenue
7. Sent to Finance and Revenue
8. Feb 18Heard in Finance and Revenue
9. Feb 22Heard in Finance and Revenue
10. Feb 23Heard in Finance and Revenue
11. Feb 24Finance and Revenue recommended it as amended
12. Feb 25Read a second time
13. Feb 26Passed the Senate, 20 to 8

In the House of Representatives Feb 26 – Mar 3

1. Feb 26Arrived in the House of Representatives
2. Sent to Rules
3. Feb 29Heard in Rules
4. Mar 1Rules recommended it
5. Read a second time
6. Mar 3Passed the House of Representatives, 39 to 21

To the Governor Mar 4 – Mar 16

1. Mar 4Signed in the Senate
2. Mar 8Signed in the House of Representatives
3. Mar 15Signed by the Governor
4. Mar 16Became chapter 059 of Oregon Laws 2016
5. In force from June 2, 2016