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OregonHB 35892025 Regular SessionHouseWALLET

Relating to housing.

Sponsored By: Deb Patterson (Democratic), Pam Marsh (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 3 benefits, 1 costs, 0 mixed.

Account surpluses fund senior housing

Beginning January 1, 2027, Oregon must estimate the Senior Property Tax Deferral Revolving Account’s needs annually before December 31. The estimate uses the highest year’s payments and administrative costs from the prior 10 years, adjusted for current payments and population. Estimates and rules must use reasonable assumptions about keeping the account solvent. Any balance above estimated needs must go to the General Housing Account for the senior housing initiative. Transfers must wait at least 14 days after notice to the Legislative Revenue Officer; this requirement ends July 1, 2031.

More housing support for older, disabled adults

Oregon creates an initiative to build, repair, and preserve housing for older adults and people with disabilities. It emphasizes accessible homes, but excludes housing intended to provide care. For the two-year period beginning July 1, 2025, the law provides $23.5 million through the General Housing Account. Another $500,000 funds technical help for the initiative. The state must bring together state and federal resources and publicly track progress toward affordable rental housing goals.

Lenders can combine housing tax incentives

Eligible lenders can claim Oregon’s housing-loan tax credit when projects also receive Elderly and Disabled Housing Fund money. Loans still need certification from the Housing and Community Services Department. Existing limits remain: $35 million in credits certified statewide per fiscal year and 4% of each loan’s average unpaid balance annually. Unused credits can carry forward for up to five consecutive tax years. This is a lender tax break, not a household tax credit.

Senior tax-deferral account loses $24 million

On the law’s effective date, Oregon transfers $24 million from the Senior Property Tax Deferral Revolving Account. The money goes to the General Fund for general government purposes. This transfer does not itself change who qualifies for property tax deferral or the program’s terms.

Sponsors & Cosponsors

Sponsors

  • Deb Patterson

    Democratic • Senate

  • Pam Marsh

    Democratic • House

Cosponsors

  • Annessa Hartman

    Democratic • House

  • Bobby Levy

    Republican • House

  • Courtney Neron Misslin

    Democratic • Senate

  • David Gomberg

    Democratic • House

  • Emerson Levy

    Democratic • House

  • Janeen Sollman

    Democratic • Senate

  • Jason Kropf

    Democratic • House

  • Mark Gamba

    Democratic • House

  • Rob Nosse

    Democratic • House

  • Tom Andersen

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 103 • No: 7

Senate vote • 6/25/2025

Rules suspended. Third reading. Carried by Patterson. Passed.

Yes: 22 • No: 3

House vote • 6/23/2025

Third reading. Carried by Marsh. Passed.

Yes: 43 • No: 0

legislature vote • 6/17/2025

Ways and Means: Heard and Reported Out

Yes: 19 • No: 4

House vote • 5/8/2025

Revenue: Heard and Reported Out

Yes: 7 • No: 0

House vote • 3/17/2025

Housing and Homelessness: Heard and Reported Out with Amendments

Yes: 12 • No: 0

Actions Timeline

  1. Chapter 576, (2025 Laws): Effective date January 1, 2026.

    8/13/2025House

  2. Governor signed.

    7/24/2025House

  3. President signed.

    6/27/2025Senate

  4. Speaker signed.

    6/27/2025House

  5. Rules suspended. Third reading. Carried by Patterson. Passed.

    6/25/2025Senate

  6. Second reading.

    6/25/2025Senate

  7. Recommendation: Do pass the A-Eng. bill.

    6/25/2025Senate

  8. Referred to Ways and Means.

    6/24/2025Senate

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

    6/24/2025Senate

  10. Third reading. Carried by Marsh. Passed.

    6/23/2025House

  11. Second reading.

    6/20/2025House

  12. Recommendation: Do pass.

    6/19/2025House

  13. Work Session held.

    6/17/2025House

  14. Returned to Full Committee.

    6/10/2025House

  15. Work Session held.

    6/10/2025House

  16. Assigned to Subcommittee On Transportation and Economic Development.

    6/7/2025House

  17. Referred to Ways and Means by prior reference.

    5/13/2025House

  18. Recommendation: Do pass and be referred to Ways and Means by prior reference.

    5/13/2025House

  19. Work Session held.

    5/8/2025House

  20. Work Session held.

    5/6/2025House

  21. Informational Meeting held.

    4/29/2025House

  22. Public Hearing held.

    4/1/2025House

  23. Referred to Revenue by prior reference, then Ways and Means by order of the Speaker.

    3/21/2025House

  24. Recommendation: Do pass with amendments, be printed A-Engrossed, be referred to Revenue by prior reference, and then referred to Ways and Means.

    3/21/2025House

  25. Work Session held.

    3/17/2025House

Bill Text

  • HHOUSH Amendment -1 (Adopted)

    3/17/2025

    PDF

  • HHOUSH Amendment -1 (Proposed)

    3/5/2025

    PDF

  • A-Engrossed

    PDF

  • Enrolled

    PDF

  • House Amendments to Introduced

    PDF

  • Introduced

    PDF

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