Oregon 2024 Regular Session Status: Enacted Bipartisan · 12 R · 3 D cosponsors

HB 4058 — Relating to regulated real estate activities.

Last action — Chapter 3, (2024 Laws): Effective date January 1, 2025.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 05, 2024. Enacted.

Signed by Governor Tina Kotek (Democratic) on March 07, 2024.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 98% · high confidence

  • Enacted

    Current position in the legislative process.

  • 18 sponsors

    3 primary, 15 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (12 R · 3 D) — cross-party backing.

  • Cleared a recorded vote

    Passed 4 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Digest: The Act adds laws about residential property wholesalers. The Act changes laws about real estate licensees. The Act adds new defined terms. The Act defines "future right to list contract" and states that a real estate licensee may not take certain actions if the contract lasts more than 24 months. (Flesch Readability Score: 67.2). Creates a residential property wholesaler registration. Prohibits residential property wholesaling without a registration. Provides exceptions. Punishes a violation by a maximum of 364 days' imprisonment, a $6,250 fine, or both. Creates civil penalties. Requires real estate licensees acting as buyer's agents to use a written buyer's representation agreement. Requires real estate licensees acting as seller's agents to use a written listing agreement. Requires real estate licensees to disclose shared compensation. Prohibits real estate licensees from entering into long-term agreements that require buyers or sellers to use their services in the future.

Bill Text

We don't have the full text on file for this bill yet.

Read HB 4058 on the official Oregon source →

Action History

  1. Chapter 3, (2024 Laws): Effective date January 1, 2025.

  2. Governor signed.

  3. President signed.

  4. Speaker signed.

  5. Meek declared potential conflict of interest.

  6. Third reading. Carried by Anderson. Passed.

  7. Carried over to 02-28 by unanimous consent.

  8. Second reading.

  9. Recommendation: Do pass the A-Eng. bill.

  10. Work Session held.

  11. Public Hearing held.

  12. Referred to Housing and Development.

  13. First reading. Referred to President's desk.

  14. Rules suspended. Third reading. Carried by Breese-Iverson. Passed.

  15. Second reading.

  16. Recommendation: Do pass with amendments and be printed A-Engrossed.

  17. Work Session held.

  18. Public Hearing held.

  19. Referred to Housing and Homelessness.

  20. First reading. Referred to Speaker's desk.

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

3 sponsors · 15 co-sponsors · 72 not signed on · 1 voted No

Sponsors (3)

Co-sponsors (15)

Not signed on (72)

72 members have not signed on to this bill.

Show all 72 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Third reading. Carried by Anderson. Passed.

Passed 29 Yea · 1 Nay
Party YeaNayPresentNot Voting
Democrat 13000
Republican 7000
Unaffiliated 9100
Total 29100
% of votes cast 97%3%0%0%
How each member voted (30)
Member Party Vote
Sen Steiner — Yea
Aaron Woods — Yea
Art Robinson — Nay
Bill Hansell — Yea
Brian Boquist — Yea
Dennis Linthicum — Yea
Lynn Findley — Yea
Michael Dembrow — Yea
Sara Gelser — Yea
Tim Knopp — Yea
Chris Gorsek Democrat Yea
Deb Patterson Democrat Yea
Floyd Prozanski Democrat Yea
James Manning Jr. Democrat Yea
Janeen Sollman Democrat Yea
Jeff Golden Democrat Yea
Kate Lieber Democrat Yea
Kathleen Taylor Democrat Yea
Kayse Jama Democrat Yea
Lew Frederick Democrat Yea
Mark Meek Democrat Yea
Rob Wagner Democrat Yea
Wlnsvey Campos Democrat Yea
Cedric Hayden Republican Yea
Daniel Bonham Republican Yea
David Brock Smith Republican Yea
Dick Anderson Republican Yea
Fred Girod Republican Yea
Kim Thatcher Republican Yea
Suzanne Weber Republican Yea

Official roll call →

Rules suspended. Third reading. Carried by Breese-Iverson. Passed.

Passed 60 Yea · 0 Nay
Party YeaNayPresentNot Voting
Unaffiliated 10000
Republican 19000
Democrat 31000
Total 60000
% of votes cast 100%0%0%0%
How each member voted (60)
Member Party Vote
Brian Stout — Yea
Charlie Conrad — Yea
Christine Goodwin — Yea
Courtney Neron — Yea
Dan Rayfield — Yea
James Hieb — Yea
Janelle Bynum — Yea
Maxine Dexter — Yea
Paul Holvey — Yea
Tracy Cramer — Yea
Andrea Valderrama Democrat Yea
Annessa Hartman Democrat Yea
Ben Bowman Democrat Yea
Dacia Grayber Democrat Yea
Daniel Nguyen Democrat Yea
David Gomberg Democrat Yea
Emerson Levy Democrat Yea
Farrah Chaichi Democrat Yea
Hai Pham Democrat Yea
Hoa Nguyen Democrat Yea
Jason Kropf Democrat Yea
John Lively Democrat Yea
Jules Walters Democrat Yea
Julie Fahey Democrat Yea
Ken Helm Democrat Yea
Khanh Pham Democrat Yea
Lisa Reynolds Democrat Yea
Mark Gamba Democrat Yea
Nancy Nathanson Democrat Yea
Nathan Sosa Democrat Yea
Pam Marsh Democrat Yea
Paul Evans Democrat Yea
Ricki Ruiz Democrat Yea
Rob Nosse Democrat Yea
Sue Rieke Smith Democrat Yea
Susan McLain Democrat Yea
Tawna Sanchez Democrat Yea
Thuy Tran Democrat Yea
Tom Andersen Democrat Yea
Travis Nelson Democrat Yea
Zach Hudson Democrat Yea
Anna Scharf Republican Yea
Bobby Levy Republican Yea
Boomer Wright Republican Yea
Court Boice Republican Yea
Cyrus Javadi Republican Yea
Dwayne Yunker Republican Yea
E. Werner Reschke Republican Yea
Ed Diehl Republican Yea
Emily McIntire Republican Yea
Jami Cate Republican Yea
Jeffrey Helfrich Republican Yea
Kevin Mannix Republican Yea
Kim Wallan Republican Yea
Lucetta Elmer Republican Yea
Mark Owens Republican Yea
Rick Lewis Republican Yea
Shelly Boshart Davis Republican Yea
Vikki Breese-Iverson Republican Yea
Virgle Osborne Republican Yea

Official roll call →

Heard and Reported Out with Amendments

Passed 11 Yea · 0 Nay
Party YeaNayPresentNot Voting
Republican 5000
Unaffiliated 1000
Democrat 5000
Total 11000
% of votes cast 100%0%0%0%
How each member voted (11)
Member Party Vote
Maxine Dexter — Yea
Annessa Hartman Democrat Yea
Emerson Levy Democrat Yea
Julie Fahey Democrat Yea
Ken Helm Democrat Yea
Mark Gamba Democrat Yea
Boomer Wright Republican Yea
Court Boice Republican Yea
Cyrus Javadi Republican Yea
Jami Cate Republican Yea
Vikki Breese-Iverson Republican Yea

Official roll call →

Subjects

housing labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 4058 do?
Digest: The Act adds laws about residential property wholesalers. The Act changes laws about real estate licensees. The Act adds new defined terms. The Act defines "future right to list contract" and states that a real estate licensee may not take certain actions if the contract lasts more than 24 months. (Flesch Readability Score: 67.2). Creates a residential property wholesaler registration. Prohibits residential property wholesaling without a registration. Provides exceptions. Punishes a violation by a maximum of 364 days' imprisonment, a $6,250 fine, or both. Creates civil penalties. Requires real estate licensees acting as buyer's agents to use a written buyer's representation agreement. Requires real estate licensees acting as seller's agents to use a written listing agreement. Requires real estate licensees to disclose shared compensation. Prohibits real estate licensees from entering into long-term agreements that require buyers or sellers to use their services in the future.
Who sponsors HB 4058?
HB 4058 is sponsored by David Brock Smith (Republican), Deb Patterson (Democrat), Pam Marsh (Democrat), Cyrus Javadi (Republican), Dwayne Yunker (Republican), Boomer Wright (Republican), E. Werner Reschke (Republican), Mark Owens (Republican), Virgle Osborne (Republican), Bobby Levy (Republican), Jeffrey Helfrich (Republican), Jami Cate (Republican), Mark Meek (Democrat), Dick Anderson (Republican), Vikki Breese-Iverson (Republican), Christine Goodwin, Tim Knopp, and Brian Stout.
What is the current status of HB 4058?
This bill has been enacted into law. Introduced February 05, 2024. Enacted.
Where can I track HB 4058?
Track HB 4058 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on HB 4058

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of HB 4058

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →