Oregon Senate Bill 18 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 26 2021 - 100% progression
Action: 2021-06-26 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

For purposes of eligibility of property for homestead property tax deferral program, creates minimum cap of $250,000 for maximum allowable real market value of homestead. For purposes of eligibility of property for homestead property tax deferral program, creates minimum cap of $250,000 for maximum allowable real market value of homestead. Directs Department of Revenue to adjust minimum cap for maximum allowable real market value annually according to change in Consumer Price Index. Allows claim for deferral to be filed late, with payment of fee. Modifies procedure for allowing claims for deferral in excess of maximum allowable number of claims for property tax year. Extends sunset for deferral program. Takes effect on 91st day following adjournment sine die.

Relating to the homestead property tax deferral program; prescribing an effective date.

Sen. Lynn Findley [R]

Date	Chamber	Action
2021-06-26	Senate	In committee upon adjournment.
2021-01-19	Senate	Referred to Finance and Revenue.
2021-01-11	Senate	Introduction and first reading. Referred to President's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/SB18
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB18/Introduced