OR HB3488 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 4-0)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - In committee upon adjournment.
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Partisan Bill (Democrat 4-0)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - In committee upon adjournment.
Text: Latest bill text (Engrossed) [PDF]
Summary
Appropriates moneys from General Fund to support homeownership and fair housing. Requires Housing and Community Services Department to report to Legislative Assembly on homeownership disparities by September 15 of each even-numbered year. Sunsets January 2, 2035.] Requires department to identify and remove barriers to down payment assistance for individuals with individual taxpayer identification numbers and to report to Oregon Housing Stability Council.] Requires department to convene and provide training programs for homeownership organizations and to evaluate and to report on effectiveness of organization's programs to council.] Requires department to research existing financial literacy materials and to develop new materials and financial literacy pamphlet by September 15, 2025.] Requires mortgage bankers and brokers to include financial literacy pamphlet with mortgages. Becomes operative January 1, 2026.] Appropriates moneys from General Fund to support homeownership and fair housing. Declares emergency, effective July 1, 2023.
Title
Relating to homeownership; declaring an emergency.
Sponsors
Roll Calls
2023-03-30 - House - House Committee Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.) (Y: 6 N: 4 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-06-25 | House | In committee upon adjournment. |
| 2023-04-04 | House | Referred to Ways and Means by order of Speaker. |
| 2023-04-04 | House | Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means. |
| 2023-03-30 | House | Work Session held. |
| 2023-03-16 | House | Public Hearing held. |
| 2023-03-03 | House | Referred to Housing and Homelessness. |
| 2023-02-28 | House | First reading. Referred to Speaker's desk. |
