OregonHB 23732025 Regular SessionHouseWALLET

Relating to timeshare sales agents; and declaring an emergency.

Sponsored By: David Gomberg (Democratic), Shelly Boshart Davis (Republican)

Became Law

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

5 provisions identified: 1 benefits, 2 costs, 2 mixed.

New license and work rules for timeshare agents

Beginning Jan 1, 2026, a timeshare sales agent is a person with an active timeshare agent license, not a broker. Timeshare agents count as real estate licensees under the law. To get licensed, you must complete at least 14 hours of training, pass the timeshare exam, and be at least 18. The Commissioner requires fingerprints and criminal record checks for initial licensing, and may require them for renewal. Agents may only sell or offer to sell timeshares, must be supervised by a principal broker, and may not hire or supervise other licensees.

New supervision and ownership rules for brokerages

Beginning Jan 1, 2026, when two or more principal brokers share a registered business name, they must sign a written agreement that assigns who supervises which brokers and timeshare agents, with defaults for future licensees. Brokers and timeshare agents tied to a principal broker may own a stake in the business, but may not control or supervise other licensees. If a principal broker’s license is suspended or revoked, associated brokers’ and timeshare agents’ licenses become inactive until transferred; you must request a transfer within 30 days and pay a transfer fee.

No local business tax for agents

Beginning Jan 1, 2026, cities and counties cannot charge a business license tax to a broker or timeshare sales agent who works only as an agent under a principal broker. This removes that local tax for people who act solely as agents.

Fees for timeshare agent licensing

Beginning Jan 1, 2026, licensing fees apply to timeshare agents. Key fees include: up to $75 per exam, $300 to apply, $300 to renew an active license, $150 to renew inactive, $150 late fee, $10 to transfer between business names, and $150 to reactivate. The fee schedule also lists amounts for business name and branch office registrations used by brokerages.

Practice and paperwork rules for timeshare agents

Beginning Jan 1, 2026, a timeshare agent may give a written letter opinion with a suggested timeshare price based on market analysis. The Commissioner sets the required contents and explains how this differs from an appraisal. Timeshare agents are now clearly covered by disciplinary rules for misconduct. They do not have to keep three years of continuing education attendance records; other licensees must.

Sponsors & Cosponsors

Sponsors

  • David Gomberg

    Democratic • House

  • Shelly Boshart Davis

    Republican • House

Cosponsors

  • Bobby Levy

    Republican • House

  • Boomer Wright

    Republican • House

  • Bruce Starr

    Republican • Senate

  • Mark Meek

    Democratic • Senate

  • Ricki Ruiz

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 96 • No: 0

Senate vote 4/30/2025

Third reading. Carried by Bonham. Passed.

Yes: 28 • No: 0

Senate vote 4/22/2025

Labor and Business: Heard and Reported Out

Yes: 5 • No: 0

House vote 4/7/2025

Third reading. Carried by Boshart Davis. Passed.

Yes: 55 • No: 0

House vote 3/25/2025

Commerce and Consumer Protection: Heard and Reported Out with Amendments

Yes: 8 • No: 0

Actions Timeline

  1. Chapter 39, (2025 Laws): Effective date July 1, 2025.

    5/20/2025House
  2. Governor signed.

    5/8/2025House
  3. President signed.

    5/1/2025Senate
  4. Speaker signed.

    5/1/2025House
  5. Third reading. Carried by Bonham. Passed.

    4/30/2025Senate
  6. Carried over to 04-30 by unanimous consent.

    4/29/2025Senate
  7. Second reading.

    4/28/2025Senate
  8. Recommendation: Do pass the A-Eng. bill.

    4/28/2025Senate
  9. Work Session held.

    4/22/2025Senate
  10. Public Hearing held.

    4/17/2025Senate
  11. Referred to Labor and Business.

    4/8/2025Senate
  12. First reading. Referred to President's desk.

    4/8/2025Senate
  13. Third reading. Carried by Boshart Davis. Passed.

    4/7/2025House
  14. Rules suspended. Carried over to April 7, 2025 Calendar.

    4/3/2025House
  15. Rules suspended. Carried over to April 3, 2025 Calendar.

    4/2/2025House
  16. Second reading.

    4/1/2025House
  17. Subsequent referral to Ways and Means rescinded by order of the Speaker.

    3/31/2025House
  18. Recommendation: Do pass with amendments, be printed A-Engrossed, and subsequent referral to Ways and Means be rescinded.

    3/31/2025House
  19. Work Session held.

    3/25/2025House
  20. Public Hearing held.

    2/25/2025House
  21. Referred to Commerce and Consumer Protection with subsequent referral to Ways and Means.

    1/17/2025House
  22. First reading. Referred to Speaker's desk.

    1/13/2025House

Bill Text

  • Enrolled

    4/30/2025

  • A-Engrossed

    3/31/2025

  • House Amendments to Introduced

    3/31/2025

  • HCCP Amendment -3 (Adopted)

    3/25/2025

  • Introduced

    1/10/2025

Related Bills

Back to State Legislation