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SB 955 Oregon Senate · 2025 Regular Session

Relating to a specially assessed value for the residences of veterans; prescribing an effective date.

Summary
Provides, for purposes of ad valorem property taxation, a specially assessed value for the owner-occupied primary residences of veterans and surviving spouses of veterans. Disqualifies the residence for the special assessment on the death of the veteran, remarriage of the surviving spouse or sale of the residence. Takes effect on the 91st day following adjournment sine die.
Issues: ✓ Budget & TaxesSupports Budget & TaxesProvides property tax relief for veterans by establishing a specially assessed value, reducing their tax burden per ad valorem taxation policy.95% confidence ✓ VeteransSupports VeteransProvides property tax exemption for veterans' primary residences, reducing their tax burden as a direct benefit.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2025 Last action Jun 28, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
2
Jun 28, 2025
Upper · Passed
In committee upon adjournment.
upper
Jan 28, 2025
Committee
Referred to Finance and Revenue.
upper
Jan 28, 2025
Introduced
Introduction and first reading. Referred to President's desk.
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of David Smith
David Smith
RRepublican
OR
1