Bill > HB2199

This bill modifies Oregon's tax code to provide a comprehensive exemption for prescription drug sales from the Corporate Activity Tax (CAT), removing previous limitations that only applied to pharmacies with nine or fewer locations. Specifically, the bill eliminates the previous definition of "eligible pharmacy" and instead extends the tax exemption to all pharmacies selling prescription drugs, regardless of their size or number of locations. The bill defines a pharmacy using the existing definition in ORS 689.005 and explicitly excludes receipts from prescription drug sales from commercial activity taxation under ORS 317A.116. The tax exemption will apply to tax years beginning on or after January 1, 2026, and the bill will take effect 91 days after the adjournment of the 2025 legislative session. This change represents a broader tax relief measure for pharmacies, potentially reducing their tax burden and potentially lowering the overall cost of prescription medications for businesses in the state.

Health and Social Services

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2199