Bill > HB2339

This bill makes several technical and administrative changes to various tax laws and statutes in Oregon. The bill modifies the distribution dates for the Western and Eastern Oregon Timber Severance Tax Funds, changing the critical date from May 1 to June 1 for calculating and distributing funds to the State School Fund, Community College Support Fund, and county general funds. It also updates provisions related to the Department of Revenue's interactions with other state agencies like the Oregon Liquor and Cannabis Commission and the Oregon Health Authority, expanding their collaborative responsibilities to include administering and enforcing taxes across multiple tax-related chapters. The bill removes certain reporting requirements for state agencies, such as biennial reporting on veterans' services, and makes adjustments to tax credit calculations, including modifications to agricultural worker overtime compensation credits and child tax credits. Additionally, the bill repeals a few statutory sections and makes technical amendments to clarify language and streamline administrative processes. Most of these changes will take effect either on January 1, 2023, or January 1, 2025, depending on the specific provision, and the entire act will become effective 91 days after the 2025 regular legislative session adjourns.

Budget and Finance

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2339