HB2074 • 2025

Extends the sunset date for the partial property tax exemption for the property of vertical housing development projects.

Housing Taxes

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Last action: 2025-06-11
Official status: Chapter Number Assigned
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Extends the sunset date for the partial property tax exemption for the property of vertical housing development projects.

Digest: The Act would extend the partial tax break for vertical housing projects.

What This Bill Does

Digest: The Act would extend the partial tax break for vertical housing projects.
(Flesch Readability Score: 67.7).
Extends the sunset date for the partial property tax exemption for the property of vertical housing development projects.
Takes effect on the 91st day following adjournment sine die.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-06-11 House
Chapter 191, (2025 Laws): effective on the 91st day following adjournment sine die.
2025-05-28 House
Governor signed.
2025-05-22 House
Speaker signed.
2025-05-22 Senate
President signed.
2025-05-21 Senate
Third reading. Carried by Patterson. Passed. Ayes, 26; Excused, 4--Bonham, Gorsek, Manning Jr, Taylor.
2025-05-20 Senate
Carried over to 05-21 by unanimous consent.
2025-05-19 Senate
Carried over to 05-20 by unanimous consent.
2025-05-15 Senate
Recommendation: Do pass.
2025-05-15 Senate
Second reading.
2025-05-12 Senate
Work Session held.
2025-05-05 Senate
Public Hearing held.
2025-04-09 Senate
First reading. Referred to President's desk.
2025-04-09 Senate
Referred to Finance and Revenue.
2025-04-08 House
Third reading. Carried by Hudson. Passed. Ayes, 54; Excused, 5--Cate, Diehl, Evans, Nguyen H, Valderrama; Excused for Business of the House, 1--Javadi.
2025-04-07 House
Second reading.
2025-04-03 House
Recommendation: Do pass.
2025-04-01 House
Work Session held.
2025-02-04 House
Public Hearing held.
2025-01-17 House
Referred to Revenue.
2025-01-13 House
First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act would extend the partial tax break for vertical housing projects. (Flesch Readability Score: 67.7).
Extends the sunset date for the partial property tax exemption for the property of vertical housing development projects.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to property tax exemption for vertical housing development projects; and prescribing an effective date.
Current location: Chapter Number Assigned

Current Bill Text

Read the full stored bill text

83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
Enrolled
House Bill 2074
Introduced and printed pursuant to House Rule 12.00. Presession filed (at the request of House In-
terim Committee on Revenue for Representative Nancy Nathanson)
CHAPTER .................................................
AN ACT
Relating to property tax exemption for vertical housing development projects; amending section 13,
chapter 119, Oregon Laws 2005; and prescribing an effective date.
Be It Enacted by the People of the State of Oregon:
SECTION 1. Section 13, chapter 119, Oregon Laws 2005, as amended by section 4, chapter 507,
Oregon Laws 2015, and section 14, chapter 326, Oregon Laws 2017, is amended to read:
Sec. 13. (1) The Housing and Community Services Department may not issue a certification
under ORS 307.841 to 307.867 on or after January 1, 2018.
(2) A city or county may not issue a certification under ORS 307.841 to 307.867 on or after
January 1, [ 2026] 2032.
SECTION 2. This 2025 Act takes effect on the 91st day after the date on which the 2025
regular session of the Eighty-third Legislative Assembly adjourns sine die.
Passed by House April 8, 2025
..................................................................................
Timothy G. Sekerak, Chief Clerk of House
..................................................................................
Julie Fahey, Speaker of House
Passed by Senate May 21, 2025
..................................................................................
Rob Wagner, President of Senate
Received by Governor:
........................M.,........................................................., 2025
Approved:
........................M.,........................................................., 2025
..................................................................................
Tina Kotek, Governor
Filed in Office of Secretary of State:
........................M.,........................................................., 2025
..................................................................................
Tobias Read, Secretary of State
Enrolled House Bill 2074 (HB 2074-INTRO) Page 1