Comprehensive 2026 Oregon Legislative Session Preview: Every Pre-Filed Bill Landlords and Investors Need to Know

Hey everyone, Christian Bryant here—your go-to Mr. Portland Landlord, digging through the latest legislative previews as January 2026 wraps up. The 2026 Oregon legislative session is a short one, just like even-year sessions always are: it kicks off February 3rd and has to wrap by early March, giving lawmakers only about 35 days to handle budget tweaks, emergency fixes, and—predictably—a heavy dose of housing-related proposals. With affordability and supply still dominating the conversation, a long list of pre-filed bills has already landed on the docket, many of which could touch rentals, investments, taxes, land use, and more. I’ve gone through our Lobbyists' reports, pulled the official digests and introduced texts where available, and compiled neutral one-paragraph summaries for every single bill mentioned—no skipping, no combining. Some are direct hits for landlords, others more tangential for investors or the broader housing market, but you asked for the full rundown, so here it is.

Mr Portland Landlord reports this article

Over the next few weeks, we’ll roll out detailed deep-dive articles on the ones that look most likely to move or have the biggest impact on our day-to-day operations. For now, this is your complete reference guide. I’ve included the direct link to each bill’s introduced text (via OLIS) right after its summary so you can read the exact language yourself. Things change fast in a short session—bills get amended, merged, or quietly shelved—so we’ll keep you updated every step of the way.

The tight 35-day window of Oregon’s even-year short session.

Here we go, in numerical order:

HB 4015 – Relating to connection to federal tax law This bill updates Oregon’s connection date to the federal Internal Revenue Code and other federal tax law provisions as they exist on a specified date, a routine conformity measure that keeps state tax calculations aligned with federal changes. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4015/Introduced

HB 4035 – Relating to land use The measure expands eligibility for cities and Metro to amend their urban growth boundaries under a temporary program, offering more flexibility for local governments to add land for housing and development. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4035/Introduced

HB 4036 – Relating to affordable housing This bill establishes the Preserve Affordable Homes for Oregon Fund, allowing deposit of Article XI-Q bond proceeds to preserve existing affordable housing units at risk of loss to market-rate conversion. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4036/Introduced

HB 4037 – Relating to housing It adjusts certain terms of the existing revolving loan program that cities and counties use to fund affordable housing projects, aiming to improve access or administration of those funds. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4037/Introduced

HB 4051 – Relating to first-time homeownership The proposal creates a deferred-loan program for first-time home buyers, capping assistance at the lesser of closing costs or one percent of the purchase price, with an emergency clause for immediate effect. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4051/Introduced

HB 4064 – Relating to acquisitions of real property by foreclosure for delinquent taxes This bill clarifies when homeowner and condominium association assessments begin accruing on properties deeded to a county through the tax foreclosure process. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4064/Introduced

HB 4080 – Relating to portable solar photovoltaic energy devices The measure allows retail electricity consumers to install and use portable plug-in solar devices up to 1,200 watts total capacity after filing a declaration with their utility, limits landlord, HOA, and condo association restrictions on such devices in residences, and authorizes the Department of Consumer and Business Services to update building codes accordingly; operative January 1, 2027, effective July 1, 2026. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4080/Introduced

HB 4082 – Relating to housing for older persons Sponsored at the Governor’s request, it adds an option under a temporary UGB expansion program for cities and Metro to include sites for manufactured dwelling parks or housing for older persons that remains affordable to households up to 120 percent of area median income. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4082/Introduced

HB 4108 – Relating to annexation of land noncontiguous to a city The bill requires cities to annex noncontiguous land upon receiving a petition from all owners that meets four specified eligibility criteria. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4108/Introduced

HB 4113 – Relating to housing development opportunities conditioned upon land conservation It directs the Department of Land Conservation and Development to study potential housing development tied to land conservation efforts. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4113/Introduced

HB 4120 – Relating to smoking policies in residential tenancies This measure allows landlords of multifamily properties to convert their premises to nonsmoking—even for existing tenants—by giving at least 90 days’ written notice, applicable to both new and existing rental agreements. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4120/Introduced

HB 4123 – Relating to landlord disclosure of confidential information The bill limits the circumstances under which landlords may disclose confidential tenant information and creates statutory damages for knowing violations, effective 91 days after adjournment. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4123/Introduced

HB 4128 – Relating to sale of single-family residences It prohibits certain covered entities from purchasing or acquiring single-family homes unless the property has been publicly listed for sale for at least 90 days. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4128/Introduced

HB 4136 – Relating to tax treatment of mortgage interest For personal income tax purposes, the bill eliminates the mortgage interest deduction for second homes unless the property is actively marketed for sale or being sold, and it creates the Oregon Homeownership Opportunity Account to direct the resulting revenue toward down-payment assistance programs, applicable to tax years beginning on or after January 1, 2026. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4136/Introduced

SB 1511 – Relating to the estate tax This bill directs the Legislative Revenue Officer to study Oregon’s estate tax and report findings to interim committees. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1511/Introduced

The growing stack of pre-filed bills awaiting the fast-paced 2026 short session.

SB 1513 – Relating to real estate professionals It extends the deadline for real estate teams to change terms used in their team names until July 1, 2027, with an emergency clause. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1513/Introduced

SB 1514 – Relating to the regulation of public property with respect to persons experiencing homelessness The measure repeals the statewide “objective reasonableness” standard enacted by HB 3115 (2021) that governed city and county regulations on public property use by homeless individuals and served as a basis for legal challenges, with an emergency clause. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1514/Introduced

SB 1521 – Relating to local requirements to develop affordable housing Within the Portland metro area, it prohibits cities and counties from enforcing affordable-unit mandates on developers unless the jurisdiction first calculates expected financial losses and provides offsets. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1521/Introduced

SB 1522 – Relating to housing This bill requires the Housing and Community Services Department to study housing issues and submit findings to interim housing committees by September 15, 2027; sunsets January 2, 2028. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1522/Introduced

SB 1523 – Relating to electronic access to residential tenancies The measure defines “tenant portal,” requires landlords to provide alternatives upon request (no mandatory electronic payments or portal use), allows processing fees for card/portal payments, and ensures non-electronic options for common-area access; effective 91 days after adjournment. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1523/Introduced

SB 1535 – Relating to child care It directs the Department of Early Learning and Care to study child care issues and report to interim committees by September 15, 2027; sunsets January 2, 2028. Full text: https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1535/Introduced

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There you have it—the full lineup as of late January 2026. Some of these could reshape how we manage properties, finance investments, or navigate local land-use rules; others are narrower studies or technical fixes. As always, the short session means rapid movement, so stay tuned—we’ll track amendments, hearings, and outcomes and bring you detailed breakdowns on the ones that matter most to Oregon landlords and investors.

If anything here catches your attention (good or bad), now’s the perfect time to reach out to your state representative and senator. Use the legislature’s “Find Your Legislator” tool at https://www.oregonlegislature.gov/findyourlegislator — your real-world experience as a housing provider carries weight. You may not get the rep on the phone, but their office really does tally your opinions on each bill and report to the rep so they know how to vote if they want to make their voters happy.

We’ll keep the updates coming all session long.

Sources:

• Oregon Legislative Information System (OLIS) main page: https://olis.oregonlegislature.gov/

• Individual bill introduced texts (all links listed above)