OregonRelating to housing; declaring an emergency.
What it does
Requires the Housing and Community Services Department to guarantee a housing developer's payment of system development charges that the local government has agreed to defer until after occupancy. Allows the department to assess a civil penalty and interest against defaulting developers. Allows the Department of Revenue to pursue collections against developers.
More detail
Becomes operative on January 1, 2026. Establishes the Municipal Development Protection Fund for such purposes. Appropriates moneys to the fund. Declares an emergency, effective on passage.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 28In committee upon adjournment.Latest
- Mar 28Referred to Ways and Means by prior reference.Minor
- Mar 28Recommendation: Do pass and be referred to Ways and Means by prior reference.Minor
- Mar 24Work Session held.
- Vote recorded Heard and Reported Out. Result: pass.Lower
- Mar 12Public Hearing held.
- Jan 17Referred to Housing and Homelessness with subsequent referral to Ways and Means.Minor
- Jan 13First reading. Referred to Speaker's desk.Introduced