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House approves changes to homestead tax-deferral program to expand eligibility for seniors and people with disabilities

3342536 · May 15, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Oregon House passed House Bill 37 12 A to raise income and property thresholds for the Homestead Property Tax Deferral Program and to require a Legislative Revenue Office study on switching eligibility to an equity-based standard.

Representative Vikki Reschke, carrying House Bill 37 12 A, told the Oregon House the bill would help seniors and people with disabilities stay in their homes by updating the state's Homestead Property Tax Deferral Program.

The bill increases the program's household income threshold and adjusts allowable real-market-value limits so more homeowners can qualify for deferral, Reschke said. “I ask this body to join me in an I vote in order to help make Oregon seniors and disabled be able to stay in their homes longer without having to worry about rising…

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