HB 4136 — Relating to tax treatment of mortgage interest; prescribing an effective date.
Last action — In committee upon adjournment.
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 2026 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Disallows, for purposes of personal income taxation, a mortgage interest deduction for a residence other than the taxpayer's principal residence, unless the taxpayer sells the residence or actively markets the residence for sale. Establishes the Oregon Homeownership Opportunity Account. Transfers an amount equal to the estimated increase in revenue attributable to restrictions on the deduction of mortgage interest to the account, for the purpose of making down payment assistance payments. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
Bill Text
- Introduced View text Current pdf
Action History
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In committee upon adjournment.
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Public Hearing held.
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Referred to Revenue.
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First reading. Referred to Speaker's desk.
Sponsors
- Tom Andersen · Cosponsor
- Rob Nosse · Cosponsor
- Farrah Chaichi · Cosponsor
- Willy Chotzen · Cosponsor
- Lesly Muñoz · Cosponsor
- Susan McLain · Cosponsor
- Zach Hudson · Cosponsor
- Janeen Sollman · Cosponsor
- Floyd Prozanski · Cosponsor
- Khanh Pham · Cosponsor
- Deb Patterson · Cosponsor
- James Manning Jr. · Cosponsor
- Sara Gelser Blouin · Cosponsor
- Lew Frederick · Cosponsor
- John Lively · Cosponsor
- Ken Helm · Cosponsor
- Mark Gamba · Cosponsor
- Courtney Neron Misslin · Primary
- Jeff Golden · Primary
- Annessa Hartman · Primary
- Lamar Wise · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →3 sponsors · 18 co-sponsors · 69 not signed on
Sponsors (3)
- Courtney Neron Misslin
- Jeff Golden Democrat
- Annessa Hartman Democrat
Co-sponsors (18)
- Tom Andersen Democrat
- Rob Nosse Democrat
- Farrah Chaichi Democrat
- Willy Chotzen Democrat
- Lesly Muñoz Democrat
- Susan McLain Democrat
- Zach Hudson Democrat
- Janeen Sollman Democrat
- Floyd Prozanski Democrat
- Khanh Pham Democrat
- Deb Patterson Democrat
- James Manning Jr. Democrat
- Sara Gelser Blouin
- Lew Frederick Democrat
- John Lively Democrat
- Ken Helm Democrat
- Mark Gamba Democrat
- Lamar Wise
Not signed on (69)
69 members have not signed on to this bill.
Show all 69 →"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.
Subjects
Frequently asked questions
- What does HB 4136 do?
- Disallows, for purposes of personal income taxation, a mortgage interest deduction for a residence other than the taxpayer's principal residence, unless the taxpayer sells the residence or actively markets the residence for sale. Establishes the Oregon Homeownership Opportunity Account. Transfers an amount equal to the estimated increase in revenue attributable to restrictions on the deduction of mortgage interest to the account, for the purpose of making down payment assistance payments. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
- Who sponsors HB 4136?
- HB 4136 is sponsored by Tom Andersen (Democrat), Rob Nosse (Democrat), Farrah Chaichi (Democrat), Willy Chotzen (Democrat), Lesly Muñoz (Democrat), Susan McLain (Democrat), Zach Hudson (Democrat), Janeen Sollman (Democrat), Floyd Prozanski (Democrat), Khanh Pham (Democrat), Deb Patterson (Democrat), James Manning Jr. (Democrat), Sara Gelser Blouin, Lew Frederick (Democrat), John Lively (Democrat), Ken Helm (Democrat), Mark Gamba (Democrat), Courtney Neron Misslin, Jeff Golden (Democrat), Annessa Hartman (Democrat), and Lamar Wise.
- What is the current status of HB 4136?
- This bill died with 2026 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HB 4136?
- Track HB 4136 free on One Click Politics — get push/email alerts when it moves.
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