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HB2775 • 2025

Requires the Department of Consumer and Business Services to study the feasibility of providing discounted mortgage loans to home buyers who install energy generation improvements capable of providing electricity to a local utility.

Requires the Department of Consumer and Business Services to study the feasibility of providing discounted mortgage loans to home buyers who install energy generation improvements capable of providing electricity to a local utility.

Energy
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Evans
Last action
2025-06-27
Official status
In House Committee
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.

Requires the Department of Consumer and Business Services to study the feasibility of providing discounted mortgage loans to home buyers who install energy generation improvements capable of providing electricity to a local utility.

Digest: Tells a state agency to see if it is possible to get discounts on home loans for putting in renewable energy systems.

What This Bill Does

  • Digest: Tells a state agency to see if it is possible to get discounts on home loans for putting in renewable energy systems.
  • Shows examples of the kinds of systems the agency should look into.
  • Tells the agency to report back its findings to the legislature.
  • (Flesch Readability Score: 60.0).

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

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-17 House

    Referred to Commerce and Consumer Protection with subsequent referral to Ways and Means.

  3. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: Tells a state agency to see if it is possible to get discounts on home loans for putting in renewable energy systems. Shows examples of the kinds of systems the agency should look into. Tells the agency to report back its findings to the legislature. (Flesch Readability Score: 60.0).
Requires the Department of Consumer and Business Services to study the feasibility of providing discounted mortgage loans to home buyers who install energy generation improvements capable of providing electricity to a local utility. Directs the department to submit findings to interim committees of the Legislative Assembly related to energy resources not later than September 15, 2026.
Relating to: Relating to discounted mortgage loans for installation of energy generation improvements.
Current location: In House Committee

Current Bill Text

Read the full stored bill text
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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
House Bill 2775
Sponsored by Representative EVANS (Presession filed.)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced. The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: Tells a state agency to see if it is possible to get discounts on home loans for putting
in renewable energy systems. Shows examples of the kinds of systems the agency should look into.
Tells the agency to report back its findings to the legislature. (Flesch Readability Score: 60.0).
Requires the Department of Consumer and Business Services to study the feasibility of providing
discounted mortgage loans to home buyers who install energy generation improvements capable of
providing electricity to a local utility. Directs the department to submit findings to interim com-
mittees of the Legislative Assembly related to energy resources not later than September 15, 2026.
A BILL FOR AN ACT
Relating to discounted mortgage loans for installation of energy generation improvements.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
The Department of Consumer and Business Services shall study the feasi-
bility of providing discounts on mortgage loans to home buyers who install renewable energy
generation systems, including photovoltaic cells and wind power generation facilities or
equipment, that are capable of ensuring the homeowner’s energy security and providing
electricity to local utilities for use in the utilities’ power grid. The department shall submit
a report, in the manner provided by ORS 192.245, and may include recommendations for
legislation, to the interim committees of the Legislative Assembly related to energy re-
sources no later than September 15, 2026.
SECTION 2.
Section 1 of this 2025 Act is repealed on January 2, 2027.
NOTE: Matter in boldfaced type in an amended section is new; matter [ italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 2407