l9n/ Oregon

2023 Regular Session

Senate Bill 825

Modifies provisions governing first-time home buyer savings accounts.

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

What it does

The synopsis the Legislative Assembly published with the bill.

Modifies provisions governing first-time home buyer savings accounts. Eliminates requirement that financial institution provide annual certificate with account details to account holders. <b>Allows account holder to designate proposed first-time home buyer as beneficiary of account.</b> Specifies information that must be <i>provided</i>] <b>maintained</b> by taxpayer claiming subtraction or exemption for accounts. Limits Department of Revenue rulemaking. Applies to <i>all</i>] first-time home buyer savings accounts <i>whenever</i>] created<b> on or after January 1, 2024</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 Senate

1 co-sponsor

Aaron Woods

In the House of Representatives

Its course

January 31 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 action11 actions on 8 days

In the SenateJan 31 to Jun 21141 days

Waiting for a committeeJan 31 to Feb 33 days

Finance and RevenueFeb 3 to Jun 16133 days

In the House of RepresentativesJun 21 to Jun 25 · stopped4 days

Waiting for a committeeJun 21 to Jun 210 days

RevenueJun 21 to Jun 25 · stopped4 days

Votes

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

  • Senate, third reading25–0

    Passed · Jun 21 · 5 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Jun 16

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 Senate Jan 31 – Jun 21

  1. Jan 31Introduced
  2. Feb 3Sent to Finance and Revenue
  3. Feb 27Heard in Finance and Revenue
  4. May 31Heard in Finance and Revenue
  5. Jun 16Finance and Revenue recommended it as amended
  6. Jun 20Read a second time
  7. Jun 21Passed the Senate, 25 to 0

In the House of Representatives Jun 21 – Jun 25

  1. Jun 21Arrived in the House of Representatives
  2. Sent to Revenue
  3. Jun 25Died when the session ended
All 11 actions, as published
  1. Jan 31Introduction and first reading. Referred to President's desk.Senate
  2. Feb 3Referred to Finance and Revenue.Senate
  3. Feb 27Public Hearing held.Senate
  4. May 31Work Session held.Senate
  5. Jun 16Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  6. Jun 20Second reading.Senate
  7. Jun 21Third reading. Carried by Meek. Passed.Senate
  8. Jun 21Vote explanation(s) filed by Knopp.Senate
  9. Jun 21First reading. Referred to Speaker's desk.House of Representatives
  10. Jun 21Referred to Revenue.House of Representatives
  11. Jun 25In committee upon adjournment.House of Representatives