l9n/ Oregon

2021 Regular Session

House Bill 3275

Exempts land owned by eligible covenant holder that is burdened by affordable housing covenant, requiring affordability for at least 99 years, from ad valorem property taxation if improvements on land constitute owner-occupied housing.

Became law as Chapter 466, Oregon Laws 2021, signed July 14, 2021, 141 days after it was filed. In force from September 25, 2021.

What it does

The synopsis the Legislative Assembly published with the bill.

Exempts land owned by eligible covenant holder that is burdened by affordable housing covenant<b>,</b> requiring <i>permanent</i>] affordability <b>for at least 99 years,</b> from ad valorem property taxation if improvements on land constitute owner-occupied housing. Provides that 27 percent of <i>real market</i>] <b>assessed</b> value of owner-occupied condominium unit burdened by affordable housing covenant<b>,</b> requiring <i>permanent</i>] affordability <b>for at least 99 years,</b> is exempt from ad valorem property taxation. <b>Allows exception to occupancy requirements for period of construction or rehabilitation of seven years, with three-year extension available. Provides clawback of property tax benefits for up to five years in cases where use or enforcement requirements are not complied with. Requires annual claim to be filed with county assessor.</b> Takes effect on 91st day following adjournment sine die.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

3 co-sponsors

Mark Meek, Julie Fahey, Wlnsvey Campos

In the Senate

    1 co-sponsor

    Kayse Jama

    Its course

    February 23 to September 25, 2021, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action24 actions on 20 days

    In the House of RepresentativesFeb 23 to Jun 198 days

    Waiting for a committeeFeb 23 to Feb 263 days

    HousingFeb 26 to Apr 740 days

    RevenueApr 7 to May 2548 days

    In the SenateJun 1 to Jun 1716 days

    Waiting for a committeeJun 1 to Jun 21 day

    Finance and RevenueJun 2 to Jun 1614 days

    With the GovernorJun 17 to Jul 1427 days

    Votes

    Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

    • House of Representatives, third reading42–17

      Passed · Jun 1 · 1 present

    • Senate, third reading24–4

      Passed · Jun 17 · 2 present

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives committee amendmentAdopted

      Adopted Apr 7

    • House of Representatives committee amendmentAdopted

      Adopted May 25

    Text

    Each version as the Legislative Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

    In the House of Representatives Feb 23 – Jun 1

    1. Introduced
    2. Sent to Housing
    3. Heard in Housing
    4. Heard in Housing
    5. Housing recommended it as amended, and that it go to Revenue
    6. Sent to Revenue
    7. Heard in Revenue
    8. Heard in Revenue
    9. Revenue recommended it as amended
    10. Read a second time
    11. Passed the House of Representatives, 42 to 17

    In the Senate Jun 1 – Jun 17

    1. Arrived in the Senate
    2. Sent to Finance and Revenue
    3. Heard in Finance and Revenue
    4. Heard in Finance and Revenue
    5. Finance and Revenue recommended it
    6. Read a second time
    7. Passed the Senate, 24 to 4

    To the Governor Jun 22 – Sep 25

    1. Signed in the House of Representatives
    2. Signed in the Senate
    3. Signed by the Governor
    4. Became chapter 466 of Oregon Laws 2021, in force from September 25, 2021
    All 24 actions, as published