Oregon HB 3190: Relating to historic property special assessment; and prescribing an effective date.

Bill Text

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HB 3190-2
(LC 1096)
3/24/25 (ASD/ps)
Requested by Representative NOSSE
PROPOSED AMENDMENTS TO
HOUSE BILL 3190
On page 1 of the printed bill, delete lines 17 and 18 and insert:
“(1)(a) ‘Commercial property’ means improved real property that is used
in a trade or business or held for the production of income, including but
not limited to:
“(A) Single-family or multifamily residential rental property.
“(B) Office buildings, retail buildings, hotels, banks, restaurants, service
outlets and dwelling units inside such buildings.
“(b) ‘Commercial property’ does not mean an owner-occupied private res-
idence.”.
On page 2, delete lines 34 and 35 and insert:
“(7)(a) ‘Owner’ means:
“(A) A person holding fee simple absolute or fee simple defeasible estate
title to real property as shown in the property tax records of the county in
which the property is located, including, but not limited to, trusts, limited
liability corporations and any other legally organized entity that may hold
such title in the State of Oregon.
“(B) The purchaser of real property under a recorded land sale contract
in force for the real property.
“(C) If the property is owned by the trustee of a revocable trust, the
settlor of the revocable trust.
“(D) The trustee of an irrevocable trust.

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“(b) ‘Owner’ does not mean:
“(A) Individuals, partnerships, corporations or public agencies holding
easements on the property or less than fee interests, including leaseholds,
of any nature.
“(B) The life tenant of a life estate.
“(8) ‘Owner’s legal representative’ means a person who has the legal au-
thority to act on behalf of the owner.”.
In line 36, delete “(8)(a)” and insert “(9)(a)”.
Delete lines 42 through 45.
On page 3, delete lines 1 and 2 and insert:
“(10) ‘Preservation plan’ means a written document, photographs and
drawings that outline the work of preservation, maintenance and rehabili-
tation that is proposed for completion during the period for which the prop-
erty is granted special assessment as historic property.”.
In line 3, delete “(10)” and insert “(11)”.
In line 7, delete “(11)” and insert “(12)”.
Delete lines 19 through 22 and insert:
“(A) Commits the applicant to expend, within the first five years for
which historic property special assessment is granted, an amount not less
than 10 percent of the historic property’s real market value on the last cer-
tified assessment and tax roll as of the date of application;”.
Delete lines 42 and 43 and insert:
“(d) Proof that the owner has property insurance on the property in an
amount at least equal to the real market value of the property on the last
certified assessment and tax roll as of the date of application.”.
On page 4, delete lines 1 and 2 and insert:
“(3) The application must be received on or before March 1 of the as-
sessment year for which classification and special assessment as historic
property are sought.”.
Delete lines 10 through 16 and insert:
HB 3190-2 3/24/25
Proposed Amendments to HB 3190 Page 2

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“(A) Is currently listed, either individually or as a contributing resource,
in the National Register of Historic Places established and maintained under
the National Historic Preservation Act of 1966 (P.L. 89-665);
“(B) Is a building, structure, object or site that is on or within an historic
property currently listed in the National Register of Historic Places; or
“(C) In the opinion of the State Historic Preservation Officer, is eligible:
“(i) To become a contributing resource as a result of a proposed preser-
vation plan; or
“(ii) For listing in the National Register of Historic Places.
“(c) Property classified under paragraph (b)(C) of this subsection must
become listed in the National Register of Historic Places within two years
following the property’s classification as historic property under ORS
358.490.”.
Delete lines 20 through 22 and insert:
“(5) An owner of historic property that has been granted historic property
special assessment may reapply for another term of special assessment for
the property to begin following the completion of the current term.”.
On page 8, delete lines 12 and 13 and insert:
“(b) The governing body’s approval required under subsection (4) of this
section is not valid if the officer is not given the opportunity to comment
as provided in paragraph (a)(B) of this subsection.”.
In line 15, after “358.505.” delete the rest of the line and delete lines 16
through 22.
After line 32, insert:
“(1)(a) Except as provided in paragraph (b) of this subsection, for property
granted special assessment as historic property under ORS 358.480 to 358.545,
the county assessor shall list on the assessment and tax roll for 10 consec-
utive tax years a specially assessed value that equals the real market value
of the property on the last certified assessment