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Bill > HB2099


OR HB2099

OR HB2099
Relating to corporation taxes.


summary

Introduced
01/13/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead
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 directs the LRO to study the taxing of corporations. (Flesch Readability Score: 64.9). Requires the Legislative Revenue Officer to study the corporate excise and income tax system. Directs the Legislative Revenue Officer to submit findings to the interim committees of the Legis- lative Assembly related to revenue not later than December 1, 2026.

AI Summary

This bill directs the Legislative Revenue Officer (LRO), an official responsible for analyzing tax-related matters in the state legislature, to conduct a comprehensive study of Oregon's corporate excise and income tax system. The study will involve a detailed examination of how corporations are currently taxed in the state, with the goal of potentially identifying improvements or reforms to the existing tax framework. The LRO is required to prepare a report, which may include specific legislative recommendations, and submit it to the legislature's interim revenue-related committees by December 1, 2026. The bill also includes a sunset provision that automatically repeals the study requirement on January 2, 2027, ensuring that the directive is temporary and time-limited. This approach reflects a systematic method of reviewing and potentially improving the state's corporate taxation policies through careful, independent analysis.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Last Action

In committee upon adjournment. (on 06/27/2025)

bill text


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