l9n/ Oregon

2025 Regular Session

House Bill 3712

Changes the metrics for a homestead's real market value and the household income of a claimant in order to expand eligibility for the homestead property tax deferral program.

Became law as Chapter 449, Oregon Laws 2025, signed June 26, 2025, 121 days after it was filed. In force from January 1, 2026.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Digest: The Act would change the metrics for real market value and income to make more people eligible to defer property taxes on their homes. The Act would have LRO study the value of basing program entry on equity vs. income and turn in a report next year. (Flesch Readability Score: 60.5).</b> [<i>Digest: The Act would change the metrics for real market value and income so that more people will be able to defer property taxes on their homes. (Flesch Readability Score: 63.3).</i>] Changes the metrics for a homestead's real market value and the household income of a claimant in order to expand eligibility for the homestead property tax deferral program. <b>Requires the Legislative Revenue Officer to submit a report to the Legislative Assembly about the equity that claimants hold in their homesteads and the advantages and disadvantages of determining program eligibility on the basis of equity rather than household income.</b>

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

Bobby Levy, Travis Nelson, Nancy Nathanson

In the Senate

    3 co-sponsors

    David Brock Smith, Deb Patterson, Janeen Sollman

    Its course

    February 25 to July 25, 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 action20 actions on 17 days

    In the House of RepresentativesFeb 25 to May 1579 days

    Waiting for a committeeFeb 25 to Feb 272 days

    RevenueFeb 27 to May 1375 days

    In the SenateMay 15 to Jun 1733 days

    Waiting for a committeeMay 15 to May 194 days

    Finance and RevenueMay 19 to Jun 1628 days

    With the GovernorJun 17 to Jun 269 days

    Votes

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

    • House of Representatives, third reading51–0

      Passed · May 15 · 8 present

    • Senate, third reading30–0

      Passed · Jun 17

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives committee amendmentAdopted

      Adopted May 13

    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 25 – May 15

    1. Feb 25Introduced
    2. Feb 27Sent to Revenue
    3. Mar 18Heard in Revenue
    4. Apr 29Heard in Revenue
    5. May 6Heard in Revenue
    6. May 8Heard in Revenue
    7. May 13Revenue recommended it as amended
    8. May 14Read a second time
    9. May 15Passed the House of Representatives, 51 to 0

    In the Senate May 19 – Jun 17

    1. May 19Arrived in the Senate
    2. Sent to Finance and Revenue
    3. Jun 2Heard in Finance and Revenue
    4. Jun 9Heard in Finance and Revenue
    5. Jun 16Finance and Revenue recommended it
    6. Read a second time
    7. Jun 17Passed the Senate, 30 to 0

    To the Governor Jun 18 – Jul 25

    1. Jun 18Signed in the House of Representatives
    2. Signed in the Senate
    3. Jun 26Signed by the Governor
    4. Jul 25Became chapter 449 of Oregon Laws 2025, in force from January 1, 2026
    All 20 actions, as published
    1. Feb 25First reading. Referred to Speaker's desk.House of Representatives
    2. Feb 27Referred to Revenue.House of Representatives
    3. Mar 18Public Hearing held.House of Representatives
    4. Apr 29Informational Meeting held.House of Representatives
    5. May 6Work Session held.House of Representatives
    6. May 8Work Session held.House of Representatives
    7. May 13Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
    8. May 14Second reading.House of Representatives
    9. May 15Third reading. Carried by Reschke. Passed.House of Representatives
    10. May 19First reading. Referred to President's desk.Senate
    11. May 19Referred to Finance and Revenue.Senate
    12. Jun 2Public Hearing held.Senate
    13. Jun 9Work Session held.Senate
    14. Jun 16Recommendation: Do pass the A-Eng. bill.Senate
    15. Jun 16Second reading.Senate
    16. Jun 17Third reading. Carried by Patterson. Passed.Senate
    17. Jun 18Speaker signed.House of Representatives
    18. Jun 18President signed.Senate
    19. Jun 26Governor signed.House of Representatives
    20. Jul 25Chapter 449, (2025 Laws): Effective date January 1, 2026.House of Representatives