Relating to property taxation; and prescribing an effective date.
It became law on Sep 25, 2021.
- Stage
- Became law
- Started in
- House
- Sponsors
- 7
- Latest action
- Sep 25, 2021
What it does
Directs Legislative Revenue Officer to study property tax reform and report findings to interim committees of Legislative Assembly related to revenue no later than September 15, 2022.] \tAuthorizes county with population of less than 15,000 to adopt property tax exemption for newly constructed single-family dwellings built and occupied as primary residences by individuals with annual taxable income of not more than $75,000 if filing separately or not more than $150,000 if filing jointly. Requires county to prescribe application forms for precertification process and exemption. Limits new exemptions to no more than five dwellings per county per property tax year. Allows county to determine…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Greg Smith
- Nancy Nathanson
- Bobby Levy
- Mark Owens
- Marty Wilde
- Rep Leif
- Rick Lewis
In the news
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Where it goes next
Once a bill is decided, the questions are about what is done with it in Oregon.