Bill

Bill > SB689


OR SB689

OR SB689
Relating to repeal of estate tax imposed on estates of certain decedents; prescribing an effective date.


summary

Introduced
01/22/2021
In Committee
01/27/2021
Crossed Over
Passed
Dead
06/26/2021

Introduced Session

2021 Legislative Measures

Bill Summary

Provides that Oregon estate tax is imposed only on estates of decedents dying on or before June 30, 2019. Provides that Oregon estate tax is imposed only on estates of decedents dying on or before June 30, 2019. Takes effect on 91st day following adjournment sine die.

AI Summary

This bill, known as the Death Tax Repeal Act, repeals the Oregon estate tax for estates of decedents dying after June 30, 2019. The existing estate tax, which applies to estates of decedents dying on or before June 30, 2019, will remain in place. The bill takes effect 91 days after the adjournment of the 2021 regular session of the Oregon Legislative Assembly.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

In committee upon adjournment. (on 06/26/2021)

bill text


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