Relating to property tax foreclosure surplus; prescribing an effective date.
It became law on Apr 10, 2024.
- Stage
- Became law
- Started in
- House
- Sponsors
- +14
- Latest action
- Apr 10, 2024
What it does
Digest: The Act would require counties to set up a way to handle surplus proceeds from tax lien foreclosure sales. The Act would pause the transfer to counties of deeds to foreclosed property. The Act would make the Department of Revenue work with county tax officers to set up a uniform way to handle the surpluses. The Act would require a report from the department with suggestions for bills for the 2025 session. (Flesch Readability Score: 61.6).
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.
In the news
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Where it goes next
It is law in Oregon. What happens now is up to the agency that carries it out, the courts, and the place itself.