OREGON - Oregon is entering 2026 with a focus on consumer transparency and financial protection. From the return of the famous "Kicker" credit to a crackdown on hidden "junk fees," several new laws and financial updates will significantly impact how Oregonians manage their money starting January 1, 2026.Here is how the new year will affect your wallet in the Beaver State.
1. The "Honest Pricing" Law (SB 430)
Say goodbye to the "sticker shock" at the final checkout screen. Starting January 1st, Senate Bill 430 requires all businesses that sell goods or services to Oregon residents to include all mandatory fees in the initial advertised price.
- The Change: "Convenience charges," "service fees," and other hidden costs can no longer be tacked on at the end. The price you see first must be the total price you pay to complete the transaction (excluding government taxes).
- Consumer Impact: This is a major win for fans buying concert tickets or booking short-term rentals, ensuring you know the true cost before you hit "Add to Cart."
2. Oregon’s 2026 Rent Cap (9.5%)
Oregon remains one of the few states with statewide rent control, and the "ceiling" for 2026 has officially been set. For the upcoming year, the maximum allowable rent increase for most residential tenancies is 9.5%.
- The New Limit: This is down from the 10.0% cap allowed in 2025.
- Manufactured Homes: In a new protection for those in larger manufactured home parks (over 30 spaces), the rent increase is capped even tighter at 6.0%.
- Exemptions: Remember that this cap generally does not apply to "new construction" properties that are less than 15 years old.
3. The $1.4 Billion "Kicker" Credit
Oregon’s unique tax law is paying out again. The state has confirmed a $1.4 billion revenue surplus, which means taxpayers will receive a "Kicker" credit when they file their 2025 taxes in early 2026.
- The Payout: Unlike a physical check, this is a credit that reduces your state tax liability. If the credit is more than you owe, you get the difference as part of your tax refund.
- Calculation: The average Oregonian can expect a credit that scales with their income—providing a timely financial cushion during the post-holiday season.
4. Medical Debt Credit Reporting Ban (SB 605)
A medical crisis will no longer mean a destroyed credit score in Oregon. Starting January 1st, Senate Bill 605 prohibits medical providers and debt collectors from reporting unpaid medical bills to credit bureaus.
- Why it Matters: Unpaid medical debt will be removed from or prevented from appearing on credit reports, ensuring that healthcare costs don't block residents from qualifying for car loans, mortgages, or apartment leases.
- Protection: This law also prohibits the reporting of debt accrued on medical-specific credit cards.
5. New Safeguards Against "Yo-Yo" Auto Loans (HB 3178)
Oregon is tightening the rules on car dealers to prevent predatory "spot delivery" or "yo-yo" financing schemes. Under House Bill 3178, the time a dealer has to finalize your financing is being cut.
- The 10-Day Rule: Dealers now have only 10 days (down from 14) to secure a loan. If they can’t find a lender to agree to the exact terms you signed, the deal is voided.
- Trade-In Protection: Dealers are now prohibited from selling your trade-in vehicle before the financing on your new car is 100% finalized. This prevents consumers from being left with no car if a deal falls through.
Health Insurance Note
It’s important to note that the federal "enhanced" premium tax credits are set to expire on December 31, 2025. This means that for 2026, many Oregonians with a household income above 400% of the Federal Poverty Level may see a significant increase in their monthly health insurance premiums as the original ACA income caps return.
