· OR legislature · 2025R1

Relating to a property tax exemption for the homesteads of certain seniors; prescribing an effective date.

Creates a property tax exemption for the owner-occupied principal dwelling of seniors who are at least 65 years of age, have resided in the dwelling for at least 10 years and have a household income not greater than $150,000 per year. Provides an exemption of the assessed value of the homestead in annually increasin…

Sponsor

Christine Drazan (R-OR)

Introduced

2025-02-27

Policy area

Taxation

Latest action

In committee upon adjournment.