l9n/ Oregon

2024 Regular Session

House Bill 4056

Requires counties to establish a process for handling the surplus proceeds from property tax lien foreclosure sales.

Became law as Chapter 77, Oregon Laws 2024, signed April 4, 2024, 59 days after it was filed. In force from June 6, 2024.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Digest: The Act would require counties to set up a way to handle surplus proceeds from tax lien foreclosure sales. The Act would pause the transfer to counties of deeds to foreclosed property. The Act would make the Department of Revenue work with county tax officers to set up a uniform way to handle the surpluses. The Act would require a report from the department with suggestions for bills for the 2025 session. (Flesch Readability Score: 61.6).</b> [<i>Digest: The Act lets people claim a tax foreclosure surplus. (Flesch Readability Score: 75.5).</i>] [<i>Allows former owner, or their heirs or successors, to claim from the county any surplus from a property tax foreclosure. Establishes conditions and time limitations for making a claim. Requires county tax foreclosure notices to include information about claims.</i>] <b>Requires counties to establish a process for handling the surplus proceeds from property tax lien foreclosure sales. Suspends the operation of the statute under which deeds to such properties are conveyed to the counties through December 31, 2025. <b>Directs the Department of Revenue to coordinate with county tax officers to determine a detailed uniform process for handling surplus proceeds that complies with the United States Supreme Court in Tyler v. Hennepin County, Minnesota, 598 U.S. 631 (2023). Requires the department to submit a report containing the determinations and recommendations for legislation to the Legislative Assembly not later than September 15, 2024.</b> Takes effect on the 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.

Its course

February 5 to April 10, 2024, 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 action19 actions on 12 days

In the House of RepresentativesFeb 5 to Mar 529 days

Waiting for a committeeFeb 5 to Feb 50 days

RevenueFeb 5 to Mar 428 days

In the SenateMar 5 to Mar 72 days

Waiting for a committeeMar 5 to Mar 50 days

Finance and RevenueMar 5 to Mar 72 days

With the GovernorMar 7 to Apr 428 days

Votes

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

  • House of Representatives, third reading36–17

    Passed · Mar 5 · 7 present

  • Senate, third reading28–0

    Passed · Mar 7 · 2 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Mar 4

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 5 – Mar 5

  1. Introduced
  2. Sent to Revenue
  3. Heard in Revenue
  4. Heard in Revenue
  5. Heard in Revenue
  6. Heard in Revenue
  7. Revenue recommended it as amended
  8. Read a second time
  9. Passed the House of Representatives, 36 to 17

In the Senate Mar 5 – Mar 7

  1. Arrived in the Senate
  2. Sent to Finance and Revenue
  3. Heard in Finance and Revenue
  4. Finance and Revenue recommended it
  5. Read a second time
  6. Passed the Senate, 28 to 0

To the Governor Mar 13 – Apr 10

  1. Signed in the House of Representatives
  2. Signed in the Senate
  3. Signed by the Governor
  4. Became chapter 77 of Oregon Laws 2024, in force from June 6, 2024
All 19 actions, as published