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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Relating to notices required from lenders with contracts for reverse mortgages. Requires lender that has contract with person for reverse mortgage to send person<b> or escrow agent, title insurance company or other agent that pays property taxes on person's behalf</b> notice that states that title to property that is subject to reverse mortgage remains with person and person is responsible for paying property taxes and related taxes on property. Provides that lender must send notice each year at least 60 days before property taxes are due on property. us/states/or Oregon Legislative Assembly 2017 Regular Session HB 2562 Oregon HB 2562 (2017 Regular Session)
bill
enacted
Betsy Johnson
Brad Witt
4 19 4 2017-01-09T20:20:19+00:00 2017-06-21T20:40:39+00:00 openstates ocd-bill/e1cf4808-cace-4360-a9b6-da6a6c53b3a7 https://olis.leg.state.or.us/liz/2017R1/Measures/Overview/HB2562 49ec4bb63fe139fa1fb9bd9aa2cd78abe4ed72882765ac65fe6cdf276aeea5fe 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-or

Oregon HB 2562 (2017 Regular Session) — Relating to notices required from lenders with contracts for reverse mortgages.

Requires lender that has contract with person for reverse mortgage to send person or escrow agent, title insurance company or other agent that pays property taxes on person's behalf notice that states that title to property that is subject to reverse mortgage remains with person and person is responsible for paying property taxes and related taxes on property. Provides that lender must send notice each year at least 60 days before property taxes are due on property.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. House Amendments to Introduced (filed) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/HB2562/House Amendments to Introduced)
  2. Introduced (filed) — source
  3. A-Engrossed (committee substitute) — source
  4. Enrolled (enrolled) — source

Votes

  • Third reading. Carried by Witt. Passed. — 590 (pass) · legislature
  • Heard and Reported Out — 50 (pass) · legislature
  • Third reading. Carried by Beyer. Passed. — 280 (pass) · legislature
  • Heard and Reported Out with Amendments — 80 (pass) · legislature

Sponsors

  • Betsy Johnson — primary (person)
  • Brad Witt — primary (person)
  • Carla Piluso — cosponsor (person)
  • Jodi Hack — cosponsor (person)

Timeline

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

  • 2017-01-09T20:20:19+00:00 First reading. Referred to Speaker's desk. introduction, reading-1, referral-committee
  • 2017-01-18T01:55:48+00:00 Referred to Business and Labor. referral-committee
  • 2017-02-08T21:01:00+00:00 Public Hearing held.
  • 2017-04-12T20:02:00+00:00 Work Session held.
  • 2017-04-13T23:11:40+00:00 Recommendation: Do pass with amendments and be printed A-Engrossed. committee-passage-favorable
  • 2017-04-17T16:37:55+00:00 Second reading. reading-2
  • 2017-04-18T18:43:15+00:00 Rules suspended. Carried over to April 19, 2017 Calendar.
  • 2017-04-19T19:12:53+00:00 Rules suspended. Carried over to April 20, 2017 Calendar.
  • 2017-04-20T18:57:14+00:00 Third reading. Carried by Witt. Passed. passage, reading-3
  • 2017-04-24T16:18:27+00:00 First reading. Referred to President's desk. introduction, reading-1, referral-committee
  • 2017-04-27T21:32:40+00:00 Referred to Business and Transportation. referral-committee
  • 2017-05-08T22:02:00+00:00 Public Hearing and Work Session held.
  • 2017-05-15T15:26:30+00:00 Recommendation: Do pass the A-Eng. bill. committee-passage-favorable
  • 2017-05-15T17:52:36+00:00 Second reading. reading-2
  • 2017-05-16T19:09:01+00:00 Third reading. Carried by Beyer. Passed. passage, reading-3
  • 2017-05-19T00:17:40+00:00 Speaker signed. passage
  • 2017-05-22T16:07:02+00:00 President signed. passage
  • 2017-05-25T16:37:15+00:00 Governor signed. executive-signature
  • 2017-06-21T20:40:39+00:00 Chapter 161, (2017 Laws): Effective date January 1, 2018.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/e1cf4808-cace-4360-a9b6-da6a6c53b3a7. Confidence: reported (aggregated from official Oregon legislature records).