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OregonHB 32322025 Regular SessionHouseWALLET

Relating to exemption of property owned by a limited equity cooperative; and prescribing an effective date.

Sponsored By: James Manning Jr. (Democratic), Jeff Golden (Democratic), Nancy Nathanson (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Broader tax relief for low-income cooperative residents

For property tax years beginning on or after July 1, 2026, Oregon expands tax relief for limited equity cooperatives. Eligibility no longer depends on units being built or converted after the local government adopted the exemption program. Cooperative-owned property, or part of it, must house low-income residents who hold proprietary leases in the cooperative. Residents’ housing charges must reflect the full value of the property tax exemption. Local approval requires an application filed before July 1, 2030, meeting any added local criteria that follow state requirements. The law itself takes effect on the 91st day after the 2025 regular legislative session adjourns.

Sponsors & Cosponsors

Sponsors

  • James Manning Jr.

    Democratic • Senate

  • Jeff Golden

    Democratic • Senate

  • Nancy Nathanson

    Democratic • House

Cosponsors

  • Deb Patterson

    Democratic • Senate

  • John Lively

    Democratic • House

  • Khanh Pham

    Democratic • Senate

  • Lesly Muñoz

    Democratic • House

  • Lisa Fragala

    Democratic • House

  • Mark Gamba

    Democratic • House

  • Travis Nelson

    Democratic • House

  • Wlnsvey Campos

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 93 • No: 0

Senate vote • 5/21/2025

Third reading. Carried by Starr. Passed.

Yes: 27 • No: 0

Senate vote • 5/12/2025

Finance and Revenue: Heard and Reported Out

Yes: 5 • No: 0

House vote • 4/10/2025

Third reading. Carried by Nathanson. Passed.

Yes: 54 • No: 0

House vote • 4/1/2025

Revenue: Heard and Reported Out

Yes: 7 • No: 0

Actions Timeline

  1. Chapter 211, (2025 Laws): effective on the 91st day following adjournment sine die.

    6/11/2025House

  2. Governor signed.

    5/28/2025House

  3. President signed.

    5/22/2025Senate

  4. Speaker signed.

    5/22/2025House

  5. Third reading. Carried by Starr. Passed.

    5/21/2025Senate

  6. Carried over to 05-21 by unanimous consent.

    5/20/2025Senate

  7. Carried over to 05-20 by unanimous consent.

    5/19/2025Senate

  8. Second reading.

    5/15/2025Senate

  9. Recommendation: Do pass.

    5/15/2025Senate

  10. Work Session held.

    5/12/2025Senate

  11. Public Hearing held.

    5/5/2025Senate

  12. Referred to Finance and Revenue.

    4/10/2025Senate

  13. First reading. Referred to President's desk.

    4/10/2025Senate

  14. Third reading. Carried by Nathanson. Passed.

    4/10/2025House

  15. Rules suspended. Carried over to April 10, 2025 Calendar.

    4/9/2025House

  16. Rules suspended. Carried over to April 9, 2025 Calendar.

    4/8/2025House

  17. Second reading.

    4/7/2025House

  18. Recommendation: Do pass.

    4/3/2025House

  19. Work Session held.

    4/1/2025House

  20. Public Hearing held.

    1/28/2025House

  21. Referred to Revenue.

    1/17/2025House

  22. First reading. Referred to Speaker's desk.

    1/13/2025House

Bill Text

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