OR SB1544 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 7 2024 - 100% progression
Action: 2024-03-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 7 2024 - 100% progression
Action: 2024-03-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
The Act would grant a specially assessed property tax value for the homes of people who are at least 65 years old. The Act would sunset after six years, but a home in the program that remained eligible would be able to stay in it past the sunset. (Flesch Readability Score: 67.9). Provides, for purposes of ad valorem property taxation, a specially assessed value for the owner-occupied primary residences of individuals who are at least 65 years of age. Sunsets the program after six years. Maintains the specially assessed value for residences granted the specially assessed value before the sunset date as long as the residences continue to qualify for it. Takes effect on the 91st day following adjournment sine die.
Title
Relating to a specially assessed value for the residences of seniors; prescribing an effective date.
Sponsors
Sen. Fred Girod [R] |
History
Date | Chamber | Action |
---|---|---|
2024-03-07 | Senate | In committee upon adjournment. |
2024-02-05 | Senate | Referred to Finance and Revenue. |
2024-02-05 | Senate | Introduction and first reading. Referred to President's desk. |