Oregon · 2026 Regular Session · Bill
HB 4051: Relating to first-time homeownership; declaring an emergency.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 4051 is a bill introduced in the Oregon House on February 2, 2026. According to its official title, it concerns: Relating to first-time homeownership; declaring an emergency. Primary sponsor: Werner Reschke (Republican), Christine Drazan (Republican). It lists 2 additional sponsors. Most recent recorded action (March 7, 2026): In committee upon adjournment.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Creates a program for deferred loans to first-time home buyers in an amount not greater than the lesser of the closing costs on the purchase or one percent of the purchase price. Makes the deferred loans repayable when the home changes ownership, is no longer the homestead of the borrower or, if the home is mobile, is moved out of state. Retires the program after three years. Declares an emergency, effective on passage.
Sponsors
Sponsors by party (alphabetical): Republican 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Werner Reschke | Primary sponsor | Republican | House | 55 |
| Christine Drazan | Primary sponsor | Republican | Senate | 26 |
| Court Boice | Co-sponsor | Republican | House | 1 |
| Anna Scharf | Co-sponsor | Republican | House | 23 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- In committee upon adjournment.
- Informational Meeting held.
- Informational Meeting cancelled.
- Referred to Housing and Homelessness with subsequent referral to Revenue.
- First reading. Referred to Speaker's desk.