Oregon 2025 Regular Session

Oregon House Bill HB3163

Introduced
1/13/25  

Caption

Relating to a specially assessed value for the residences of seniors; prescribing an effective date.

Impact

The impact of HB3163 on state law is significant as it empowers counties to create specific tax relief measures tailored for seniors. This local flexibility means that relief can be customized according to the particular economic conditions or needs of the county's senior population. Specifically, counties will have the authority to determine the methods of administering this specially assessed value, including file claims and set criteria for eligibility, which is intended to make the implementation efficient and adaptable.

Summary

House Bill 3163 introduces provisions allowing counties in Oregon to offer a specially assessed property tax value for the homes of residents aged 62 and older. This bill is aimed at providing financial relief to older adults, recognizing that many may be on fixed incomes and could benefit from reduced property tax burdens. The legislation permits counties to adopt ordinances or resolutions to establish these specially assessed values, which would be applied to eligible owner-occupied primary residences, making the process more locally governed and individualized.

Sentiment

General sentiment around the bill appears positive among supporters who believe it addresses the necessary needs of an aging population by providing them with relief from financial burdens associated with property taxes. Supporters argue that this measure could significantly enhance the quality of life for seniors, allowing them to remain in their homes longer. However, there may be mild opposition based on concerns regarding how local governments will enact these ordinances and whether all seniors will be served equally under various county regulations.

Contention

Notable points of contention include the implementation aspects of the bill, such as ensuring uniformity in how counties assess eligibility and manage claims. Critics might argue that differences in county regulations could lead to disparities in the support that seniors receive, creating an unequal system where some seniors benefit more than others based on where they live. Moreover, the long-term financial impacts on county revenues due to these specially assessed values may also provoke discussion about potential budget shortfalls or the need for supplementary funding sources.

Companion Bills

No companion bills found.

Previously Filed As

OR SB1544

Relating to a specially assessed value for the residences of seniors; prescribing an effective date.

OR SB1545

Relating to the assessment of rebuilt homesteads; prescribing an effective date.

OR SB1012

Relating to the assessment of rebuilt homesteads; prescribing an effective date.

OR SB655

Relating to a frozen assessed value for the homesteads of certain individuals; prescribing an effective date.

OR HB3446

Relating to the assessment of rebuilt homesteads; prescribing an effective date.

OR SB154

Relating to the calculation of maximum assessed value; prescribing an effective date.

OR HB2086

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

OR HB2080

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

OR HB2009

Relating to revenue; and prescribing an effective date.

OR HB2527

Relating to wildlife habitat special assessment; and prescribing an effective date.

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