The Oregon House Committee on Revenue convened on May 29, 2025, to discuss significant legislative matters, including the potential arrival of Major League Baseball in Portland and the advancement of House Bill 2316A, aimed at addressing affordable housing.
During the meeting, legislators expressed enthusiasm about the prospect of Major League Baseball coming to Portland, highlighting the expected economic and community benefits. However, they also emphasized the importance of due diligence and responsible governance as the project progresses. The committee underscored its role in ensuring that all legislative requirements are met before transferring authority to the Department of Administrative Services and the State Treasurer.
The primary focus of the meeting was House Bill 2316A, which seeks to establish the Home Starts Land Fund. This fund will provide loans and grants for developing affordable housing, specifically single-family cottage clusters and middle housing on designated public lands. The bill includes provisions for the Department of Administrative Services to manage these lands and exempts them from property tax for up to five years to encourage development.
The committee reviewed a dash 6 amendment to the bill, which clarifies the processes for granting loans and making public service grants to cities. After discussion, the committee adopted the amendment and moved the bill forward with a recommendation for approval to the floor, along with a referral to the Joint Committee on Ways and Means for further consideration.
The meeting concluded with no additional questions from committee members, marking a productive session focused on critical issues affecting Oregon's housing landscape and economic development.