Oregon Senate Bill 783 (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]

Provides, for purposes of ad valorem property taxation, frozen assessed value for homestead of individual at least 70 years old. Provides, for purposes of ad valorem property taxation, frozen assessed value for homestead of individual at least 70 years old. Provides that frozen assessed value equals assessed value of homestead for property tax year immediately preceding first property tax year to which valid claim relates. Provides that, after occurrence of certain circumstances, homestead shall be assessed and taxed as other property similarly situated is assessed and taxed. Takes effect on 91st day following adjournment sine die.

Relating to a frozen assessed value for the homesteads of certain individuals; prescribing an effective date.

Sen. Richard Anderson [R]

Date	Chamber	Action
2021-06-26	Senate	In committee upon adjournment.
2021-03-03	Senate	Referred to Finance and Revenue.
2021-03-03	Senate	Introduction and first reading. Referred to President's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/SB783
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB783/Introduced