Bill
Bill > HB3753
OR HB3753
Relating to increases of the personal income tax standard deduction; prescribing an effective date.
summary
Introduced
02/27/2025
02/27/2025
In Committee
03/04/2025
03/04/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act makes the standard deduction that is for the payers of personal income tax bigger. (Flesch Readability Score: 63.6). Increases the Oregon standard deduction allowed for personal income taxpayers. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
AI Summary
This bill increases the standard deduction amounts for Oregon personal income taxpayers across different filing categories, significantly raising the basic standard deduction for tax years beginning on or after January 1, 2026. Specifically, the standard deduction will increase from $3,280 to $9,680 for joint return filers or surviving spouses, from $1,640 to $4,840 for individual and married individuals filing separately, and from $2,640 to $7,790 for heads of household. The bill maintains the existing mechanism for annually adjusting these deduction amounts based on the Consumer Price Index, using the second quarter of 2025 as the base period for calculations. The Department of Revenue will continue to compute annual adjustments, rounding changes to the nearest $5, which helps ensure that the standard deduction keeps pace with inflation. Additionally, the bill preserves existing rules about additional standard deductions for taxpayers who are 65 or older or blind, and maintains special provisions for certain taxpayer categories like those claimed as dependents. The legislation will take effect 91 days after the 2025 legislative session adjourns, providing taxpayers with a substantial increase in their standard deduction starting in the 2026 tax year.
Committee Categories
Budget and Finance
Sponsors (20)
Werner Reschke (R)*,
Court Boice (R),
Shelly Boshart Davis (R),
Ed Diehl (R),
Christine Drazan (R),
Darcey Edwards (R),
Lucetta Elmer (R),
Darin Harbick (R),
Jeff Helfrich (R),
Cyrus Javadi (R),
Bobby Levy (R),
Rick Lewis (R),
Kevin Mannix (R),
Emily McIntire (R),
Virgle Osborne (R),
Mark Owens (R),
Anna Scharf (R),
Alek Skarlatos (R),
Boomer Wright (R),
Dwayne Yunker (R),
Last Action
Motion to withdraw from Revenue failed. Ayes, 30; Nays, 26--Bowman, Chaichi, Chotzen, Dobson, Evans, Fragala, Gamba, Grayber, Helm, Hudson, Isadore, Kropf, Lively, Marsh, McDonald, McLain, Nathanson, Nelson, Nguyen D, Nosse, Pham H, Sanchez, Sosa, Tran, Valderrama, Watanabe; Excused, 3--Cate, Nguyen H, Walters; Excused for Business of the House, 1--Speaker Fahey. (on 04/15/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB3753 |
| Open Government Impact Statement for HB3753 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/86719 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB3753/Introduced |
Loading...