Bill
Bill > SB298
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 have LRO study tax incentives for energy development, storage and transmission in this state. The Act would require a report to be turned in next year. (Flesch Read- ability Score: 69.5). Requires the Legislative Revenue Officer to study tax incentives for energy development, stor- age and transmission in Oregon. Directs the officer to submit a report to the interim committees of the Legislative Assembly related to revenue no later than September 15, 2026. Sunsets on January 2, 2027. Takes effect on the 91st day following adjournment sine die.
AI Summary
This bill requires the Legislative Revenue Officer (LRO), a state legislative official responsible for analyzing fiscal matters, to conduct a comprehensive study of tax incentives related to energy development, storage, and transmission in Oregon. The officer is mandated to submit a detailed report of the study's findings to the interim legislative committees responsible for revenue matters by September 15, 2026. The bill includes a sunset provision that automatically repeals the study requirement on January 2, 2027, and specifies that the bill will take effect 91 days after the adjournment of the 2025 regular session of the Oregon Legislative Assembly. The purpose of the study appears to be gathering information about potential tax incentives that could support and encourage energy infrastructure development in the state, which could help policymakers make informed decisions about future energy policy and economic development strategies.
Committee Categories
Budget and Finance
Sponsors (1)
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/SB298 |
| Open Government Impact Statement for SB298 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/84495 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/SB298/Introduced |
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