Bill > HB2910

This bill modifies several Oregon Revised Statutes (ORS) related to property tax exemptions for housing, specifically allowing local governments to adopt additional criteria that encourage energy efficiency and energy generation when granting tax exemptions for low-income housing properties. The bill amends four different sections of Oregon law (ORS 307.517, 307.518, 307.541, and 307.606) to consistently insert language that permits local governing bodies to create new exemption criteria focused on promoting energy-efficient and energy-generating improvements, as long as these new criteria do not conflict with existing requirements. The changes apply to tax exemptions for properties owned by nonprofit corporations, corporations with specific tax-exempt status, and multiple-unit housing developments, particularly those serving low-income residents. The bill specifies that these new provisions will apply to exemption applications filed on or after the date the additional criteria become effective, and it will take effect 91 days after the 2025 regular legislative session adjourns. By allowing local governments more flexibility in creating energy-related exemption criteria, the bill aims to incentivize more sustainable and energy-efficient housing development while maintaining existing protections for low-income housing.

Agriculture and Natural Resources

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2910