l9n/ Oregon

2023 Regular Session

House Bill 2980

Authorizes cities and counties to adopt program for awarding grants to developers of affordable housing and moderate income housing projects to finance certain costs associated with such housing projects.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on June 25, 2023. The 2023 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Authorizes cities and counties to adopt program for awarding grants to developers of affordable housing and moderate income housing projects to finance certain costs associated with such housing projects.</b> Directs <i>___</i>] <b>Oregon Business Development</b> Department to develop <i>affordable housing</i>] revolving loan program <i>under which</i>] <b>to make interest-free loans to </b>participating cities and counties <i>may award</i>] <b>to fund</b> grants <i>to housing developers for certain eligible costs and repay loans from tax increment financing revenues derived from increase in value of housing project property</i>] <b>awarded under local option housing project grant program</b>. <b>Exempts housing project property to which grant award relates from ad valorem property taxes. <b>Imposes annual fee on developer of housing project in amount equal to incremental increase in property taxes, determined by subtracting taxes assessed before housing project is completed from estimated taxes to be assessed after project is completed. Increases fee by three percent for each subsequent property tax year. <b>Provides for distribution of annual fee moneys first to fire districts in estimated amount of taxes on exempted housing project property and then to department in repayment of loan that funded grant awarded to developer for related housing project.</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

5 co-sponsors

Julie Fahey, Mark Gamba, Paul Evans, Emerson Levy, Khanh Pham

In the Senate

1 co-sponsor

Jeff Golden

Its course

January 9 to June 25, 2023, 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 action7 actions on 6 days

In the House of RepresentativesJan 9 to Jun 25 · stopped167 days

Waiting for a committeeJan 9 to Jan 167 days

Housing and HomelessnessJan 16 to Apr 781 days

Ways and MeansApr 7 to Jun 25 · stopped79 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Apr 7

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 Jan 9 – Jun 25

  1. Jan 9Introduced
  2. Jan 16Sent to Housing and Homelessness
  3. Feb 2Heard in Housing and Homelessness
  4. Apr 4Heard in Housing and Homelessness
  5. Apr 7Housing and Homelessness recommended it as amended, and that it go to Ways and Means
  6. Sent to Ways and Means
  7. Jun 25Died when the session ended
All 7 actions, as published
  1. Jan 9First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 16Referred to Housing and Homelessness with subsequent referral to Ways and Means.House of Representatives
  3. Feb 2Public Hearing held.House of Representatives
  4. Apr 4Work Session held.House of Representatives
  5. Apr 7Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference.House of Representatives
  6. Apr 7Referred to Ways and Means by prior reference.House of Representatives
  7. Jun 25In committee upon adjournment.House of Representatives