Wednesday, February 4, 2009

Correction: Oregon House Hearings Set for Multiple Housing Related Bills.

Correction: One of my alert blog subscribers has pointed out that HB 2436 is a document recording fee bill and NOT a "Real Estate Transfer Tax Bill" as I have previously stated. Duly noted, and this has been corrected in this and prior post.

1. Ways and Means Committee Real Estate Document Recording Fee Bill.

Following up on Monday's House Revenue Committee hearing, the House Ways and Means Committee has a Friday February 6th 9:00 AM hearing scheduled on the Real Estate Document Recording Bill, HB 2436. The hearing is set to meet in House Hearing room F.

2. Prevailing Wage Bill

A Monday February 9th 8 AM hearing date has been set before the Oregon House Business and Labor Committee on HB. 2430, a prevailing wage bill. The hearing is set to meet in House hearing room E. The bill is being sponsored by Representative Schaufler at the request of Oregon State Building and Construction Trades Council, Associated General Contractors, Oregon Opportunity Network.


3. OHCS Related Bills Include IDA Account Eligible Income Redefinition, and Lender's Tax Credit.
A Thursday-February 5th 1 PM hearing has been set for several housing related bills before the House Sustainability and Economic Development Committee .
The hearing is set to meet in House hearing room E. The bills are:

HB 2256: Requires Housing and Community Services Department to adopt rules establishing threshold amount above which housing grant or other housing funding award proposal requires review and approval by State Housing Council.
HB 2257 Allows Housing and Community Services Department to make loans or grants from Community Development Incentive Project Fund without review or recommendation by Community Development Incentive Advisory Board for purpose of preserving affordable housing.
HB 2258 Changes definition of "lower income household for purposes of statutes relating to individual development accounts.
HB 2261 Authorizes Housing and Community Services Department to finance loans that qualify lender for tax credit with proceeds from tax exempt bonds.



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