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Senate advances modest changes to homestead property tax deferral to help lower-income seniors, people with disabilities
Summary
The Senate passed House Bill 3712 A to raise income and market-value limits for Oregon's Homestead Property Tax Deferral Program and to require a legislative revenue office study; sponsors said the changes will help more qualifying homeowners stay in their homes.
The Oregon Senate passed House Bill 3712 A on third reading on Tuesday, adopting modest changes to the state's Homestead Property Tax Deferral Program intended to expand eligibility and require a legislative study of the program.
Senator Patterson, carrying the measure, described the program's mechanics: qualifying homeowners 62 or older (or those who qualify for…
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