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Bill > SB1513


OR SB1513

OR SB1513
Relating to real estate professionals; declaring an emergency.


summary

Introduced
02/02/2026
In Committee
02/20/2026
Crossed Over
02/19/2026
Passed
Dead

Introduced Session

2026 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act ends and later brings back law about terms used in real estate team names. (Flesch Readability Score: 90.1). Digest: The Act gives more time for real estate teams to comply with new law about terms used in real estate team names. (Flesch Readability Score: 84.5). Provides that real estate teams are not required to change terms used in the team name until July 1, 2027. Delays until July 1, 2027, the requirement that a real estate team change the terms used in the team name. Declares an emergency, effective on passage.

AI Summary

This bill delays the requirement for real estate teams to change their names to comply with new regulations until July 1, 2027, meaning that the rules about what terms, such as "realty" or "real estate," can or cannot be used in a real estate team's name, and that the team name cannot be the same as the registered business name, will not take effect until that date. The bill also declares an emergency, meaning it will become law immediately upon passage to address this issue promptly.

Committee Categories

Business and Industry, Housing and Urban Affairs

Sponsors (0)

No sponsors listed

Last Action

Possible Work Session scheduled. (on 02/26/2026)

bill text


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bill summary

Document Type Source Location
State Bill Page https://olis.oregonlegislature.gov/liz/2026R1/Measures/Overview/SB1513
SB 1513 A Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314930
Open Government Impact Statement for SB1513 A https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94864
BillText https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1513/A-Engrossed
BillText https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1513/Senate%20Amendments%20to%20Introduced
Staff Measure Summary for SB1513 A (Senate) for the Senate Committee On Commerce and General Government https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94638
Revenue Impact Statement for SB1513 A https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94490
Fiscal Impact Statement for SB1513 A https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94486
IS_Impact SB 1513 1 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313411
IS_Impact SB 1513 1 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313372
Senate Committee On Commerce and General Government (2026-02-11) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/ProposedAmendment/30202
SB 1513 -1 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313142
SB 1513 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312739
SB 1513 (witness registration) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312248
SB 1513 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312063
Open Government Impact Statement for SB1513 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94106
BillText https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1513/Introduced
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