OR SB675 | 2025 | Regular Session

Oregon Senate Bill 675

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-17 - Referred to Finance and Revenue.
Pending: Senate Finance and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

The Act would lower the interest rate on unpaid property taxes to one-half of one percent per month. (Flesch Readability Score: 67.3). Lowers the interest rate imposed on unpaid property taxes to one-half of one percent per month. Takes effect on the 91st day following adjournment sine die.

Title

Relating to interest on unpaid property taxes; prescribing an effective date.

History

Date	Chamber	Action
2025-01-17	Senate	Referred to Finance and Revenue.
2025-01-13	Senate	Introduction and first reading. Referred to President's desk.

Oregon State Sources

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB675
Text	https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/SB675/Introduced
Supplement	https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/84869