l9n/ Oregon

2025 Regular Session

House Bill 3188

Directs the Housing and Community Services Department to establish a program to guarantee against losses in mortgage loans that lenders extend to first-time home buyers.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on June 27, 2025. The 2025 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Digest: Tells a state agency to back home loans that a lender makes to first-time buyers in this state. Says what kinds of loans qualify and how a lender must claim a loss from a loan. Creates a fund to hold moneys for the loan guarantees. (Flesch Readability Score: 88.3). Directs the [<i>Department of Consumer and Business Services</i>]<b> Housing and Community Services Department</b> to establish a program to guarantee against losses in mortgage loans that lenders extend to first-time home buyers. Specifies which mortgage loans qualify for the guarantee and the qualifications and duties of first-time home buyers. Specifies circumstances under which a lender may make a claim and documentation a lender must provide as support for the claim. Establishes the Welcome Home Assistance Program Fund and appropriates moneys in the fund to the department to carry out the purposes of the Act. Declares an emergency, effective on passage.

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

7 co-sponsors

Lisa Fragala, Cyrus Javadi, Mark Gamba, Hoa Nguyen, Willy Chotzen, Christine Drazan, Sue Rieke Smith

Its course

January 13 to June 27, 2025, 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 action10 actions on 8 days

In the House of RepresentativesJan 13 to Jun 27 · stopped165 days

Waiting for a committeeJan 13 to Jan 174 days

Commerce and Consumer ProtectionJan 17 to Feb 620 days

Housing and HomelessnessFeb 6 to Mar 3153 days

Ways and MeansMar 31 to Jun 27 · stopped88 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Mar 31

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 13 – Jun 27

  1. Jan 13Introduced
  2. Jan 17Sent to Commerce and Consumer Protection
  3. Feb 4Heard in Commerce and Consumer Protection
  4. Feb 6Commerce and Consumer Protection reported it without a recommendation, and that it go to Housing and Homelessness
  5. Sent to Housing and Homelessness
  6. Feb 12Heard in Housing and Homelessness
  7. Mar 24Heard in Housing and Homelessness
  8. Mar 31Housing and Homelessness recommended it as amended, and that it go to Ways and Means
  9. Sent to Ways and Means
  10. Jun 27Died when the session ended
All 10 actions, as published
  1. Jan 13First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 17Referred to Commerce and Consumer Protection with subsequent referral to Ways and Means.House of Representatives
  3. Feb 4Work Session held.House of Representatives
  4. Feb 6Without recommendation as to passage, be referred to Housing and Homelessness, and then to Ways and Means by prior reference.House of Representatives
  5. Feb 6Referred to Housing and Homelessness by order of Speaker and then Ways and Means by prior reference.House of Representatives
  6. Feb 12Public Hearing held.House of Representatives
  7. Mar 24Work Session held.House of Representatives
  8. Mar 31Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference.House of Representatives
  9. Mar 31Referred to Ways and Means by prior reference.House of Representatives
  10. Jun 27In committee upon adjournment.House of Representatives