---
type: "Bill"
title: "Relating to property tax exemption for vertical housing development projects; and prescribing an effective date."
description: "Extends the sunset date for the partial property tax exemption for the property of vertical housing development projects. Takes effect on the 91st day following adjournment sine die."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2025R1"
identifier: "HB 2074"
citation: "Oregon HB 2074 (2025R1)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 2
action_count: 20
vote_count: 4
first_action: "2025-01-13T16:01:32+00:00"
last_action: "2025-06-11T23:37:45+00:00"
source: "openstates"
source_identifier: "ocd-bill/9d4178b6-6ba2-467b-abf6-fdc05feb6d17"
source_url: "https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2074"
source_hash: "372100e516dd49475bf5511ff4a7b06155b2c634985b82f3723bc5f70e5d8243"
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 HB 2074 (2025R1) — Relating to property tax exemption for vertical housing development projects; and prescribing an effective date.

Extends the sunset date for the partial property tax exemption for the property of vertical housing development projects. Takes effect on the 91st day following adjournment sine die.

## 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/2025R1/Downloads/MeasureDocument/HB2074/Introduced)
2. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2074/Enrolled)

## Votes

- Heard and Reported Out — **7–0** (pass) · lower
- Third reading. Carried by Patterson. Passed. — **26–0** (pass) · upper
- Third reading. Carried by Hudson. Passed. — **54–0** (pass) · lower
- Heard and Reported Out — **5–0** (pass) · upper

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-01-13T16:01:32+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2025-01-17T20:47:46+00:00** Referred to Revenue. `referral-committee`
- **2025-02-04T23:01:00+00:00** Public Hearing held.
- **2025-04-01T22:02:00+00:00** Work Session held.
- **2025-04-03T21:37:44+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2025-04-07T18:34:06+00:00** Second reading. `reading-2`
- **2025-04-08T19:26:29+00:00** Third reading. Carried by Hudson. Passed. `passage, reading-3`
- **2025-04-09T18:24:55+00:00** First reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2025-04-09T20:09:08+00:00** Referred to Finance and Revenue. `referral-committee`
- **2025-05-05T15:01:00+00:00** Public Hearing held.
- **2025-05-12T15:02:00+00:00** Work Session held.
- **2025-05-15T17:23:59+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2025-05-15T18:43:52+00:00** Second reading. `reading-2`
- **2025-05-19T19:23:52+00:00** Carried over to 05-20 by unanimous consent.
- **2025-05-20T19:31:29+00:00** Carried over to 05-21 by unanimous consent.
- **2025-05-21T18:31:02+00:00** Third reading. Carried by Patterson. Passed. `passage, reading-3`
- **2025-05-22T18:57:42+00:00** Speaker signed. `passage`
- **2025-05-22T22:08:01+00:00** President signed. `passage`
- **2025-05-28T20:48:30+00:00** Governor signed. `executive-signature`
- **2025-06-11T23:37:45+00:00** Chapter 191, (2025 Laws): effective on the 91st day following adjournment sine die.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9d4178b6-6ba2-467b-abf6-fdc05feb6d17`. Confidence: reported (aggregated from official Oregon legislature records).