KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Oregon

SB675 • 2025

Lowers the interest rate imposed on unpaid property taxes to one-half of one percent per month.

Lowers the interest rate imposed on unpaid property taxes to one-half of one percent per month.

Taxes
Passed Legislature

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

Sponsor
Senator Bonham,, Robinson
Last action
2025-06-27
Official status
In Senate Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 Senate

    In committee upon adjournment.

  2. 2025-01-17 Senate

    Referred to Finance and Revenue.

  3. 2025-01-13 Senate

    Introduction and first reading. Referred to President's desk.

Official Summary Text

Digest: The Act would lower the interest rate on unpaid property taxes to one-half of one percent per month. (Flesch Readability Score: 67.3).
Lowers the interest rate imposed on unpaid property taxes to one-half of one percent per month.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to interest on unpaid property taxes; prescribing an effective date.
Current location: In Senate Committee