--- type: "Bill" title: "Relating to vertical housing development projects; and prescribing an effective date." description: "Makes percentage of partial property tax exemption for property of vertical housing development projects proportional to allocation of equalized floors] floor area to residential housing or low income residential housing, without rounding up or down. Clarifies terminology used for computations of partial property tax exemption." jurisdiction: "us/states/or" legislature: "Oregon Legislative Assembly" session: "2021 Regular Session" identifier: "SB 141" citation: "Oregon SB 141 (2021 Regular Session)" classification: ["bill"] subjects: [] status: "enacted" primary_sponsors: [] version_count: 5 action_count: 24 vote_count: 5 first_action: "2021-01-11T17:28:22+00:00" last_action: "2021-08-16T22:56:23+00:00" source: "openstates" source_identifier: "ocd-bill/5f7c4eae-1012-42f9-943b-c89d0af80495" source_url: "https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/SB141" source_hash: "5e936c7e4cd636909a456c0efc99195cef8875affdcb2bbd41dd4f09ac5e6472" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-or"] --- # Oregon SB 141 (2021 Regular Session) — Relating to vertical housing development projects; and prescribing an effective date. Makes percentage of partial property tax exemption for property of vertical housing development projects proportional to allocation of equalized floors] floor area to residential housing or low income residential housing, without rounding up or down. Clarifies terminology used for computations of partial property tax exemption. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB141/Introduced) 2. **Senate Amendments to Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB141/Senate%20Amendments%20to%20Introduced) 3. **A-Engrossed** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB141/A-Engrossed) 4. **SFR Amendment -1** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/ProposedAmendment/18457) 5. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB141/Enrolled) ## Votes - Third reading. Carried by Boquist. Passed. — **26–4** (pass) · upper - Heard and Reported Out with Amendments — **5–0** (pass) · upper - Heard and Reported Out — **7–0** (pass) · lower - Heard and Reported Out — **8–0** (pass) · lower - Third reading. Carried by Meek. Passed. — **54–0** (pass) · lower ## Timeline The legislative action history — every referral, reading, and vote. - **2021-01-11T17:28:22+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee` - **2021-01-19T19:35:42+00:00** Referred to Finance and Revenue. `referral-committee` - **2021-01-28T23:16:00+00:00** Public Hearing held. - **2021-03-04T23:16:00+00:00** Work Session held. - **2021-03-08T21:02:00+00:00** Work Session held. - **2021-03-26T22:08:57+00:00** Recommendation: Do pass with amendments. (Printed A-Eng.) `committee-passage-favorable` - **2021-03-31T16:45:55+00:00** Second reading. `reading-2` - **2021-04-01T18:36:10+00:00** Third reading. Carried by Boquist. Passed. `passage, reading-3` - **2021-04-02T02:20:26+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee` - **2021-04-09T01:51:28+00:00** Referred to Housing with subsequent referral to Revenue. `referral-committee` - **2021-04-29T15:01:00+00:00** Public Hearing held. - **2021-05-11T15:02:00+00:00** Work Session held. - **2021-05-12T22:56:49+00:00** Recommendation: Do pass and be referred to Revenue by prior reference. `committee-passage-favorable` - **2021-05-12T22:56:50+00:00** Referred to Revenue by prior reference. `referral-committee` - **2021-06-08T00:31:00+00:00** Public Hearing held. - **2021-06-10T00:32:00+00:00** Work Session held. - **2021-06-14T15:22:38+00:00** Recommendation: Do pass. `committee-passage-favorable` - **2021-06-14T18:57:21+00:00** Second reading. `reading-2` - **2021-06-15T22:48:26+00:00** Third reading. Carried by Meek. Passed. `passage, reading-3` - **2021-06-22T15:29:38+00:00** President signed. `passage` - **2021-06-22T19:56:03+00:00** Speaker signed. `passage` - **2021-07-14T22:29:00+00:00** Governor signed. `executive-signature` - **2021-08-16T22:54:15+00:00** Effective date, September 25, 2021. - **2021-08-16T22:56:23+00:00** Chapter 476, 2021 Laws. ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5f7c4eae-1012-42f9-943b-c89d0af80495`. Confidence: reported (aggregated from official Oregon legislature records).