Relating to property tax exemption for cargo containers; prescribing an effective date.

HB 2076 extends the property tax exemption for cargo containers in Oregon, moving the expiration date from 2026 to 2032. This directly affects businesses that own or lease cargo containers used in shipping, as they will continue to avoid property taxes on these containers through 2032. The bill amends existing law (ORS 307.835) to update the sunset provision, maintaining the exemption for tax years beginning before July 1, 2032. It takes effect 91 days after the 2025 legislative session ends.