Oregon 2023 Regular Session

Oregon House Bill HB2033

Introduced
1/9/23  
Refer
1/11/23  
Report Pass
2/8/23  
Engrossed
2/15/23  
Refer
2/16/23  
Report Pass
3/21/23  
Enrolled
4/24/23  
Passed
5/8/23  
Chaptered
9/24/23  

Caption

Relating to instruments conveying title to real property; and prescribing an effective date.

Impact

The legislation is expected to have significant implications on property transactions in Oregon. By requiring a certification of paid charges as a condition for recording property deeds, HB2033 enhances the financial accountability of property transactions involving exempt entities. This measure is meant to minimize financial losses for county taxing authorities and ensure a more reliable process for maintaining property records. The new requirement may also simplify the procedural steps for both property transferors and transferees, leading to clearer guidelines in property law enforcement.

Summary

House Bill 2033 aims to amend the Oregon Revised Statutes regarding the conveyance of title to real property. Specifically, it establishes requirements for the recording of instruments related to property transactions involving entities whose properties are exempt from property taxes. The bill mandates that these transactions cannot be recorded unless accompanied by a certificate from the county assessor confirming that all charges against the property have been settled. This change seeks to streamline the process for county clerks and protect the interests of local taxing districts by ensuring that municipalities collect any outstanding property taxes before the transfer of property is finalized.

Sentiment

The overall sentiment surrounding HB2033 appears to be supportive, especially among county clerks and tax officials who advocate for increased fiscal responsibility in property taxation. Proponents of the bill stress the importance of maintaining the integrity of property tax records, while acknowledging the necessity of the new procedural requirements. However, there are concerns among certain property owners regarding the additional bureaucratic steps that may complicate transactions for entities that qualify for taxation exemptions, leading to a nuanced debate among stakeholders regarding the bill's implications.

Contention

Notable points of contention include concerns from some lawmakers about the potential bureaucratic burden this bill may impose on real estate transactions involving tax-exempt entities. Critics have raised alarm over how this added requirement could delay property transfers and contribute to increased costs for those involved in such conveyances. The debate emphasizes a balance between ensuring tax compliance and preventing undue encumbrances on local businesses and organizations that rely on streamlined property transaction processes.

Companion Bills

No companion bills found.

Previously Filed As

OR HB2089

Relating to surpluses from the disposition of foreclosed property; and prescribing an effective date.

OR HB2096

Relating to surpluses from the disposition of foreclosed property; prescribing an effective date.

OR HB2088

Relating to surpluses from the disposition of foreclosed property; prescribing an effective date.

OR HB2086

Relating to property tax assessment; and prescribing an effective date.

OR HB4056

Relating to property tax foreclosure surplus; prescribing an effective date.

OR HB2080

Relating to the property tax system; and prescribing an effective date.

OR SB1094

Relating to property tax credits for service members; prescribing an effective date.

OR HB3190

Relating to historic property special assessment; and prescribing an effective date.

OR SB1084

Relating to economic incentives; prescribing an effective date.

OR HB4054

Relating to special assessment of historic property; and prescribing an effective date.

Similar Bills

CA AB2013

Property taxation: new construction: damaged or destroyed property.

CA AB1500

Property taxation: application of base year value: disaster relief.

CA AB245

Property taxation: application of base year value: disaster relief.

DC B25-0486

Uniform Community Property Disposition at Death Act of 2023

CA SB964

Property tax: tax-defaulted property sales.

CA SB603

Property taxation: transfer of base year value: disaster relief.

CA SB1091

Property taxation: transfer of base year value: disaster relief.

HI HB1398

Relating To Property.