Bill
Bill > HB2090
summary
Introduced
01/13/2025
01/13/2025
In Committee
05/28/2025
05/28/2025
Crossed Over
Passed
Dead
06/27/2025
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)
Official Document
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bill summary
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bill summary
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