summary
Introduced
01/13/2025
01/13/2025
In Committee
01/17/2025
01/17/2025
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 would repeal the estate tax. (Flesch Readability Score: 90.9). Provides that the Oregon estate tax is imposed only on the estates of decedents dying on or before January 1, 2025. Takes effect on the 91st day following adjournment sine die.
AI Summary
This bill proposes to repeal Oregon's estate tax, which is a tax levied on the transfer of property from a deceased person's estate to their heirs. Specifically, the bill states that the estate tax will only apply to individuals who die on or before January 1, 2025, effectively eliminating the tax for estates of individuals who pass away after that date. The bill adds this provision to Oregon Revised Statutes (ORS) chapter 118.005 to 118.540, which govern estate taxation. The legislation will take effect 91 days after the adjournment of the 2025 regular session of the Eighty-third Legislative Assembly. By setting a specific end date for the estate tax, the bill aims to provide clarity for estate planning and potentially reduce tax burdens on families inheriting property.
Committee Categories
Budget and Finance
Sponsors (11)
Kevin Mannix (R)*,
Werner Reschke (R)*,
Kim Thatcher (R)*,
Boomer Wright (R)*,
Ed Diehl (R),
Cyrus Javadi (D),
Rick Lewis (R),
Virgle Osborne (R),
Mark Owens (R),
Anna Scharf (R),
Dwayne Yunker (R),
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
| Document Type | Source Location |
|---|---|
| State Bill Page | https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2036 |
| Open Government Impact Statement for HB2036 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/83026 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2036/Introduced |
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