HB 4136 Ends tax deduction for interest on 2nd home

Posted on February 16, 2026 by Donna | 1 Comments

HB 4136 – Ends tax deduction for mortgage interest paid on 2nd home Establishes another money account (Oregon Homeownership Opportunity Account) and they put all the “tax deduction” money in that account. Then $ goes to Housing & Community Services Dept for their discretion, to such things as: rent assistance, grants to homeless, helps pay utilities, and provides resources to…

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HB 3753 Increases Income Tax standard deduction

Posted on March 14, 2025 by BJ

03/14/2025 VOTE:YES – Died in Committee Status (overview) of bill:https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB3753 Committee assigned to bill:https://olis.oregonlegislature.gov/liz/2025R1/Committees/HREV/Overview Increases the Oregon standard deduction allowed for personal income taxpayers. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die. Increases standard deduction from $1,640 to $4,840 for singles, from $3,280 to $9,680 for married,…

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HB 3010 Limits mortgage interest deduction on income tax

Posted on June 25, 2023 by BJ

VOTE:NO
Died In Committee

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