HB 3488

  • Oregon House Bill
  • 2023 Regular Session
  • Introduced in House Feb 28, 2023
  • House
  • Senate
  • Governor

Relating to homeownership; declaring an emergency.

Abstract

Requires Housing and Community Services Department to report to Legislative Assembly on homeownership disparities by September 15 of each even-numbered year. Sunsets January 2, 2035.] Requires department to identify and remove barriers to down payment assistance for individuals with individual taxpayer identification numbers and to report to Oregon Housing Stability Council.] Requires department to convene and provide training programs for homeownership organizations and to evaluate and to report on effectiveness of organization's programs to council.] Requires department to research existing financial literacy materials and to develop new materials and financial literacy pamphlet by September 15, 2025.] Requires mortgage bankers and brokers to include financial literacy pamphlet with mortgages. Becomes operative January 1, 2026.] Appropriates moneys from General Fund to support homeownership and fair housing. Declares emergency, effective July 1, 2023.

Bill Sponsors (4)

Votes


Actions


Jun 25, 2023

House

In committee upon adjournment.

Apr 04, 2023

House

Referred to Ways and Means by order of Speaker.

Apr 04, 2023

House

Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.

Mar 30, 2023

House

Work Session held.

Mar 16, 2023

House

Public Hearing held.

Mar 03, 2023

House

Referred to Housing and Homelessness.

Feb 28, 2023

House

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
A-Engrossed PDF
House Amendments to Introduced PDF
Introduced PDF
HHOUSH Amendment -2 PDF

Related Documents

Document Format
No related documents.

Sources

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