OR SB1045 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Passed on August 8 2019 - 100% progression
Action: 2019-08-08 - Effective date, September 29, 2019.
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Slight Partisan Bill (Democrat 4-2)
Status: Passed on August 8 2019 - 100% progression
Action: 2019-08-08 - Effective date, September 29, 2019.
Text: Latest bill text (Engrossed) [PDF]
Summary
Authorizes city or county to adopt property tax exemption in amount not to exceed $300,000 of assessed value of principal place of residence used by homeowner to rent space in residence through public or nonprofit home share program to individuals seeking such space. Authorizes city or county to adopt property tax exemption for portion] in amount not to exceed $300,000 of assessed value of principal place of residence used by homeowner to rent space in residence through public or nonprofit home share program to individuals seeking such space. Provides that exemption shall be granted as 100 percent exemption for five consecutive years unless city or county adopts other terms.] Provides that city or county] adopting jurisdiction must require means testing of home share seekers. Requires] home share rental agreement to offer space at rent affordable to home share seekers with income at or below level determined by city or county] 60 percent of area median income, must prohibit exemption for home share agreements among family members and must specify period for which exemption may be granted. Provides that exemption applies only to tax levy of city or county enacting exemption law and other taxing districts agreeing to grant exemption,] ordinance or resolution granting exemption may not take effect unless rates of taxation of adopting jurisdiction and taxing districts that agree to grant exemption equal 51 percent or more of total combined rate of taxation. Requires exemption to be granted to all residences on same terms in effect on date application is submitted.] Prohibits property receiving any other property tax benefit, other than homestead property tax deferral, from being granted home share exemption. Allows city or county] adopting jurisdiction to amend or terminate] exemption, subject to approval process of taxing districts described above, or repeal exemption, but provides that residences granted exemption continue to receive exemption under terms in effect at time exemption was first granted. Sets cap of 500 homes that may be granted exemption statewide in any property tax year. Sunsets authority of city or county to adopt exemption or deferral on June 30] that becomes effective after January 31, 2027. Repeals exemption program on January 2, 2029. Provides that residences granted exemption before repeal date continue to receive exemption under terms in effect at time granted] if term extends past repeal date. Takes effect on 91st day following adjournment sine die.
Title
Relating to the taxation of property used in a home share program; and prescribing an effective date.
Sponsors
| Sen. Mark Hass [D] | Sen. Bill Hansell [R] | Sen. Cedric Hayden [R] | Rep. Alissa Keny-Guyer [D] |
| Rep. Pam Marsh [D] | Rep. Marshall Wilde [D] |
Roll Calls
2019-06-20 - House - House Third Reading (Y: 40 N: 17 NV: 0 Abs: 3) [PASS]
2019-06-18 - House - House Committee Do Pass the A-Eng bill (Y: 6 N: 1 NV: 0 Abs: 0) [PASS]
2019-05-16 - Senate - Senate Third Reading (Y: 28 N: 0 NV: 0 Abs: 2) [PASS]
2019-05-09 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 3 N: 0 NV: 0 Abs: 2) [PASS]
2019-06-18 - House - House Committee Do Pass the A-Eng bill (Y: 6 N: 1 NV: 0 Abs: 0) [PASS]
2019-05-16 - Senate - Senate Third Reading (Y: 28 N: 0 NV: 0 Abs: 2) [PASS]
2019-05-09 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 3 N: 0 NV: 0 Abs: 2) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-08-08 | Senate | Effective date, September 29, 2019. |
| 2019-08-08 | Senate | Chapter 566, 2019 Laws. |
| 2019-07-23 | Senate | Effective date, September 29, 2019. |
| 2019-07-23 | Senate | Chapter 566, 2019 Laws. |
| 2019-07-15 | Senate | Governor signed. |
| 2019-06-25 | House | Speaker signed. |
| 2019-06-24 | Senate | President signed. |
| 2019-06-20 | House | Third reading. Carried by Marsh. Passed. Ayes, 40; Nays, 17--Doherty, Evans, Fahey, Gomberg, Gorsek, Hernandez, Holvey, Lively, McKeown, Meek, Nosse, Reardon, Salinas, Sanchez, Smith Warner, Sollman, Wallan; Excused, 3--Findley, McLane, Smith G. |
| 2019-06-19 | House | Second reading. |
| 2019-06-18 | House | Recommendation: Do pass. |
| 2019-06-18 | House | Work Session held. |
| 2019-06-05 | House | Public Hearing held. |
| 2019-05-20 | House | Referred to Revenue. |
| 2019-05-17 | House | First reading. Referred to Speaker's desk. |
| 2019-05-16 | Senate | Third reading. Carried by Hass. Passed. Ayes, 28; Excused, 2--Olsen, Winters. |
| 2019-05-15 | Senate | Second reading. |
| 2019-05-14 | Senate | Recommendation: Do pass with amendments. (Printed A-Eng.) |
| 2019-05-09 | Senate | Work Session held. |
| 2019-05-02 | Senate | Public Hearing and Work Session held. |
| 2019-04-30 | Senate | Public Hearing and Work Session cancelled. |
| 2019-04-18 | Senate | Public Hearing held. |
| 2019-04-05 | Senate | Referred to Finance and Revenue. |
| 2019-04-04 | Senate | Introduction and first reading. Referred to President's desk. |
