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Senate extends first-time homebuyer savings program for five years
2531688 · March 10, 2025
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Summary
The Oregon Senate passed Senate Bill 101 to extend the state's first-time homebuyer savings account program and related tax subtractions and exemptions; the bill passed on final reading with a constitutional majority.
Senate Bill 101, which extends Oregon’s first-time homebuyer savings account program and related tax subtractions and exemptions, passed the Oregon State Senate on third reading on March 10, 2025.
The bill’s sponsor, Senator Meek, said the measure extends the deadline to open a first-time homebuyer savings account for another five years and…
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