summary
Introduced
01/13/2025
01/13/2025
In Committee
05/28/2025
05/28/2025
Crossed Over
Passed
Dead
06/27/2025
06/27/2025
Introduced Session
2025 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act extends the sunset for the tax credit for crop donation. (Flesch Readability Score: 74.8). Extends the sunset for the income and corporate excise tax credit for crop donation.
AI Summary
This bill extends the sunset date for the tax credit for crop donation, which allows taxpayers to claim a credit for donating agricultural crops to charitable organizations. Specifically, the bill amends an existing law to push back the expiration date of the tax credit from January 1, 2026, to January 1, 2032. The tax credit, which is outlined in Oregon Revised Statutes (ORS) 315.156, allows farmers and agricultural producers to receive a tax benefit when they donate crops to qualified charitable organizations, encouraging food donations and supporting efforts to address food insecurity. By extending the sunset date, the legislature is ensuring that this tax incentive remains available to farmers for an additional six years, which can help support both agricultural producers and food donation programs in the state.
Committee Categories
Budget and Finance
Sponsors (0)
No sponsors listed
Last Action
In committee upon adjournment. (on 06/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
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