Bill

Bill > HB2090


OR HB2090

OR HB2090
Relating to tax credits for closure of manufactured dwelling park.


summary

Introduced
01/13/2025
In Committee
05/28/2025
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act extends the sunset for the tax credit for tenants of manufactured dwelling parks that close. (Flesch Readability Score: 65.1). Extends the sunset for the tax credit for closure of a manufactured dwelling park.

AI Summary

This bill extends the sunset date for a tax credit available to tenants of manufactured dwelling parks (also known as mobile home parks) who are forced to end their tenancy due to park closure. Specifically, the bill amends an existing law to extend the tax credit eligibility period from January 1, 2026, to January 1, 2032. This means that individuals whose households are displaced from a manufactured dwelling park between January 1, 2007, and January 1, 2032, will continue to be eligible for a tax credit under Oregon Revised Statute (ORS) 316.090. The tax credit is designed to provide financial relief to tenants who are compelled to relocate when their manufactured home park closes, helping to mitigate the economic burden of unexpected housing displacement.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

In committee upon adjournment. (on 06/27/2025)

bill text


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