After public hearing and testimony on 3/25/23, SB 611 which makes significant changes to the rent control cap in Oregon is next calendared for Monday, 4/3/23 at 8:00AM in the Senate Committee on Housing and Development. In 2019, Oregon passed a statewide rent-control policy, which was the first of its kind in the nation. That bill limited rent hikes to 7% plus inflation annually. The new bill will limit annual rent increases to 3% plus inflation or 8% total.
Several amendments have been proposed or floated and are under consideration. You can see an updated staff summary of the bill and the amendments.
For analysis, talking points, and ways to testify, see last week's RPC Legislative Update.
Media coverage:
Oregon Lawmakers Consider Rent Control Bill Amid Double Digit Rent Increases, KOIN News
Oregon Senators Consider Tightening Rent Control Law, The Oregonian
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