HB 4136 — 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.
Congress · introduced 2026-01-18
Digest: The Act ends the tax deduction for mortgage interest paid for a taxpayer's second home. (Flesch Readability Score: 61.8). 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.
Latest action: — In House Committee
Sponsors
- Hartman, Annessa (D, OR-40) — sponsor
- Golden, Jeff (D, OR-3) — sponsor
- Neron Misslin, Courtney (D, OR-13) — sponsor
- Gamba, Mark (D, OR-41) — cosponsor
- Helm, Ken (D, OR-27) — cosponsor
- Lively, John (D, OR-7) — cosponsor
- Wise, Lamar (D, OR-48) — cosponsor
- Frederick, Lew (D, OR-22) — cosponsor
- Gelser Blouin, Sara (D, OR-8) — cosponsor
- Manning Jr., James (D, OR-7) — cosponsor
- Patterson, Deb (D, OR-10) — cosponsor
- Pham, Khanh (D, OR-23) — cosponsor
- Prozanski, Floyd (D, OR-4) — cosponsor
- Sollman, Janeen (D, OR-15) — cosponsor
- Hudson, Zach (D, OR-49) — cosponsor
- McLain, Susan (D, OR-29) — cosponsor
- Muñoz, Lesly (D, OR-22) — cosponsor
- Chotzen, Willy (D, OR-46) — cosponsor
- Chaichi, Farrah (D, OR-35) — cosponsor
- Nosse, Rob (D, OR-42) — cosponsor
- Andersen, Tom (D, OR-19) — cosponsor
Action timeline
- · state_lower — First reading. Referred to Speaker's desk.
- · state_lower — Referred to Revenue.
- · state_lower — Public Hearing held.
- · state_lower — In committee upon adjournment.
Text versions
No text versions on file yet — same ingest as the action timeline populates these. Each version has direct links to the XML / HTML / PDF at govinfo.gov.
Who matters
Members ranked by combined influence on this bill: role (sponsor 5 / cosponsor 1), capped speech count from the Congressional Record, and recorded-vote engagement.
| # | Member | Role | Speeches | Voted | Score |
|---|---|---|---|---|---|
| 1 | Golden, Jeff (D, state_upper OR-3) | sponsor | 0 | — | 5 |
| 2 | Hartman, Annessa (D, state_lower OR-40) | sponsor | 0 | — | 5 |
| 3 | Neron Misslin, Courtney (D, state_upper OR-13) | sponsor | 0 | — | 5 |
| 4 | Andersen, Tom (D, state_lower OR-19) | cosponsor | 0 | — | 1 |
| 5 | Chaichi, Farrah (D, state_lower OR-35) | cosponsor | 0 | — | 1 |
| 6 | Chotzen, Willy (D, state_lower OR-46) | cosponsor | 0 | — | 1 |
| 7 | Frederick, Lew (D, state_upper OR-22) | cosponsor | 0 | — | 1 |
| 8 | Gamba, Mark (D, state_lower OR-41) | cosponsor | 0 | — | 1 |
| 9 | Gelser Blouin, Sara (D, state_upper OR-8) | cosponsor | 0 | — | 1 |
| 10 | Helm, Ken (D, state_lower OR-27) | cosponsor | 0 | — | 1 |
| 11 | Hudson, Zach (D, state_lower OR-49) | cosponsor | 0 | — | 1 |
| 12 | Lively, John (D, state_lower OR-7) | cosponsor | 0 | — | 1 |
| 13 | Manning Jr., James (D, state_upper OR-7) | cosponsor | 0 | — | 1 |
| 14 | McLain, Susan (D, state_lower OR-29) | cosponsor | 0 | — | 1 |
| 15 | Muñoz, Lesly (D, state_lower OR-22) | cosponsor | 0 | — | 1 |
| 16 | Nosse, Rob (D, state_lower OR-42) | cosponsor | 0 | — | 1 |
| 17 | Patterson, Deb (D, state_upper OR-10) | cosponsor | 0 | — | 1 |
| 18 | Pham, Khanh (D, state_upper OR-23) | cosponsor | 0 | — | 1 |
| 19 | Prozanski, Floyd (D, state_upper OR-4) | cosponsor | 0 | — | 1 |
| 20 | Sollman, Janeen (D, state_upper OR-15) | cosponsor | 0 | — | 1 |
| 21 | Wise, Lamar (D, state_lower OR-48) | cosponsor | 0 | — | 1 |
Predicted vote
Aggregated from: actual roll-call votes (when present) → sponsor → cosponsor → party median (predicts YES when ≥25% of the caucus sponsored/cosponsored). Each row labels its confidence tier so you can see why a position was predicted.
0 predicted yes (0%) · 543 predicted no (100%) · 0 unknown (0%)
By party: · R: 0 yes / 277 no · D: 0 yes / 263 no · I: 0 yes / 3 no