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HB 2078 Oregon House · 2025 Regular Session

Relating to property tax exemption for multiunit rental housing; and prescribing an effective date.

HB 2078 extends the expiration date for Oregon's property tax exemption for qualifying multiunit rental housing from 2027 to 2033. This directly affects rental property owners who currently qualify for the exemption under local ordinances adopted under the 2017 law. The bill amends Section 4 of the 2017 law to change the sunset date from January 2, 2027, to January 2, 2033, ensuring existing exemptions continue for their full term. It takes effect 91 days after the 2025 legislative session adjourns.
Issues: ✓ Budget & TaxesSupports Budget & TaxesExtends property tax exemption for rental housing, providing tax relief to property owners. Maintains existing tax policy without new funding or cuts.90% confidence ✓ HousingSupports HousingExtends property tax exemption for multiunit rentals, maintaining affordability by reducing costs for owners of qualifying housing units.95% confidence
Sub-Topics: Property Tax Tax Incentives Property Taxes Renters
Bill status signed all 5 stages cleared
Introduction
Jan 2025
Committee Review
May 2025
House Passage
May 2025
Senate Passage
May 2025
Signed into Law
May 2025
Introduced Jan 13, 2025 Signed May 28, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Enrolled · 3 edits · May 28, 2025
MINOR
The bill text was finalized and formatted for official enactment, with the status changing from 'Introduced' to 'Enrolled'. The substantive policy content regarding property tax exemptions for multiunit rental housing remains unchanged, including the sunset date extension to January 2, 2033, and the effective date provisions.
Scope change
The bill's scope and applicability remain unchanged; this is a procedural update reflecting the bill's progression through the legislative process.
TIMELINE

The bill header was updated from 'Introduced' to 'Enrolled', indicating it has passed both legislative chambers and is ready for signature by the Governor.

TECHNICAL

Signatures and dates for House passage, Senate passage, and Governor approval were added to the enrolled version, along with official filing information.

The 'SUMMARY' section and bill number LC 2139 were removed as they are not part of the final enrolled text.

Floor votes · Senate May 21, 2025 · House Apr 9, 2025

How they voted

26–0
Passed · 4 other
Total votes 30
May 21, 2025
D Democratic18
15 Yea 3
83% Yea
R Republican12
11 Yea 1
91% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
21
Key actions
7
Committee
4
May 28, 2025
Signed into law
Governor signed.
lower
May 22, 2025
Upper · Passed
President signed.
upper
May 22, 2025
Lower · Passed
Speaker signed.
lower
May 21, 2025
Upper · Passed
Third reading. Carried by Meek. Passed.
upper
May 15, 2025
Upper · Passed
Recommendation: Do pass.
upper
Apr 10, 2025
Committee
Referred to Finance and Revenue.
upper
Apr 10, 2025
Introduced
First reading. Referred to President's desk.
upper
Apr 9, 2025
Lower · Passed
Third reading. Carried by Hudson. Passed.
lower
Apr 3, 2025
Lower · Passed
Recommendation: Do pass.
lower
Jan 17, 2025
Committee
Referred to Revenue.
lower
Jan 13, 2025
Introduced
First reading. Referred to Speaker's desk.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.