HB 2460

Provides that transferee of tax-deferred homestead is liable for amounts of outstanding deferred property taxes due on homestead if transferee is using homestead more than 90 days following taxpayer's death and is potential recipient of homestead under intestate succession or by devise or received homestead from estate of deceased taxpayer or right to homestead by gift or assignment from insolvent taxpayer.

Status	Chapter Number Assigned
Session	2019 Regular Session
Requested by	(at the request of House Interim Committee on Judiciary for Oregon State Bar Elder Law Section)
Fiscal impact	No fiscal impact
Revenue impact	No revenue impact

Bill Text

Makes transferees of tax-deferred homesteads liable for outstanding deferred property taxes if they use the homestead for more than 90 days after the owner’s death.

Original Bill Text

Overview#

Provides that transferee of tax-deferred homestead is not] liable for amounts of outstanding deferred property taxes due on homestead if transferee receives no interest in real or personal property from estate] is using homestead more than 90 days following taxpayer’s death and is potential recipient of homestead under intestate succession or by devise or received homestead from estate of deceased taxpayer or right to homestead by gift or assignment from insolvent taxpayer. Takes effect on 91st day following adjournment sine die.

Legislative History

Date	Chamber	Action
2019-01-14	H	First reading. Referred to Speaker's desk.
2019-01-18	H	Referred to Revenue.
2019-02-20	H	Public Hearing held.
2019-03-14	H	Work Session held.
2019-05-08	H	Work Session held.
2019-05-13	H	Recommendation: Do pass with amendments and be printed A-Engrossed.
2019-05-14	H	Second reading.
2019-05-15	H	Third reading. Carried by Marsh. Passed.
2019-05-16	S	First reading. Referred to President's desk.
2019-05-17	S	Referred to Finance and Revenue.
2019-05-28	S	Public Hearing and Work Session held.
2019-06-10	S	Work Session held.
2019-06-13	S	Work Session cancelled.
2019-06-17	S	Recommendation: Do pass the A-Eng. bill.
2019-06-17	S	Second reading.
2019-06-18	S	Third reading. Carried by Bentz. Passed.
2019-06-19	H	Speaker signed.
2019-06-19	S	President signed.
2019-06-25	H	Governor signed.
2019-07-02	H	Chapter 488, (2019 Laws): Effective date September 29, 2019.