Bill Text: OR SB672 | 2013 | Regular Session | Introduced

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Bill Title: Relating to the sunset of the homestead property tax deferral program; prescribing an effective date.

Spectrum: Moderate Partisan Bill (Republican 35-4)

Status: (Failed) 2013-07-08 - In committee upon adjournment. [SB672 Detail]

Download: Oregon-2013-SB672-Introduced.html

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     77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular Session

NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .

LC 3670

                         Senate Bill 672

Sponsored by Senator KNOPP, Representative CONGER; Senators
  BAERTSCHIGER JR, BOQUIST, CLOSE, FERRIOLI, GEORGE, GIROD, HASS,
  JOHNSON, KRUSE, MONNES ANDERSON, OLSEN, PROZANSKI, STARR,
  THOMSEN, WHITSETT, WINTERS, Representatives CAMERON, DAVIS,
  ESQUIVEL, FREEMAN, GILLIAM, HANNA, HICKS, HUFFMAN, JENSON,
  JOHNSON, KRIEGER, MCLANE, OLSON, PARRISH, SMITH, SPRENGER,
  THATCHER, THOMPSON, WEIDNER, WHISNANT, WHITSETT

                             SUMMARY

The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.

  Eliminates sunset date of homestead property tax deferral
program.
  Takes effect on 91st day following adjournment sine die.

                        A BILL FOR AN ACT
Relating to the sunset of the homestead property tax deferral
  program; amending section 24, chapter 723, Oregon Laws 2011;
  and prescribing an effective date.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. Section 24, chapter 723, Oregon Laws 2011, as
amended by section 31, chapter 723, Oregon Laws 2011, is amended
to read:
   { +  Sec. 24. + } (1) The amendments to ORS 305.612, 311.356,
311.666, 311.668, 311.670, 311.672, 311.676, 311.679, 311.681,
311.684, 311.686, 311.688, 311.689, 311.691, 311.693, 311.695,
311.700, 311.701, 314.430 and 410.422 by sections 1 to 4, 6 to
18, 20, 21 and 29 { + , chapter 723, Oregon Laws 2011, + }
 { - of this 2011 Act - }  apply to property tax years beginning
on or after July 1, 2011.
  (2) The amendments to ORS 311.674 by section 5 { + , chapter
723, Oregon Laws 2011, + }   { - of this 2011 Act - }  apply to
interest that accrues on taxes advanced to counties for
tax-deferred property for property tax years beginning on or
after July 1, 2011.
    { - (3) A claim for an initial year of deferral, or for
continued deferral, under ORS 311.666 to 311.701 may not be filed
on or after April 16, 2021, and deferral may not be granted for a
property tax year beginning after July 1, 2021. - }
  SECTION 2.  { + This 2013 Act takes effect on the 91st day
after the date on which the 2013 regular session of the
Seventy-seventh Legislative Assembly adjourns sine die. + }
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