Oregon Capitol (Amanda Loman/Salem Reporter)
On Monday, the Oregon Legislature passed a bill intended to prevent a potential wave of foreclosures.
THE ISSUE: The pandemic-induced downturn has caused many homeowners to be behind on their mortgage payments.
THE BILL: House Bill 2009
WHAT IT DOES: Reestablishes a moratorium on residential foreclosures through July 1, 2021. It also gives the governor the ability to extend the moratorium for 90-day increments through the end of the year.
WHY IT WAS PROPOSED: Proponents of the bill say they’re trying to avoid a repeat of the 2008 recession when many Oregonians saw their homes foreclosed, which had a broader effect on neighborhoods and the economy.
HOW THE MARION/POLK DELEGATION VOTED:
The bill passed the Oregon Senate May 17 on a 19-9 vote.
Sen. Brian Boquist, I-Dallas: Yes
Sen. Peter Courtney, D-Salem: Yes
Sen. Fred Girod, R-Lyons: No
Sen. Deb Patterson, D-Salem: Yes
Sen. Kim Thatcher, R-Keizer: Excused
The bill passed the Oregon House April 6 on a 38-21 vote.
State Rep. Teresa Alonso León, D-Woodburn: Yes
State Rep. Brian Clem, D-Salem: Excused
State Rep. Paul Evans, D-Monmouth: Yes
State Rep. Rick Lewis, R-Silverton: No
State Rep. Raquel Moore-Green, R-Salem: No
State Rep. Mike Nearman, R-Independence: No
Sate Rep. Bill Post, R-Keizer: No
WHAT HAPPENS NEXT: It heads to Gov. Kate Brown for her signature.
-Jake Thomas
