summary
Introduced
02/02/2026
02/02/2026
In Committee
03/03/2026
03/03/2026
Crossed Over
03/03/2026
03/03/2026
Passed
Dead
Introduced Session
2026 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act creates a task force to study how Oregon taxes income earned by com- panies doing business in more than one country. (Flesch Readability Score: 60.6). Digest: The Act directs the LRO to study the state financial system. (Flesch Readability Score: 72.6). Requires the Legislative Revenue Officer to study the state financial system. Directs the Legislative Revenue Officer to submit findings to the interim committees of the Legislative Assembly related to re- venue not later than December 1, 2027. Establishes the Task Force on Taxation of International Income. Directs the task force to investigate whether changes to Oregon’s tax code could improve or simplify the state’s tax treatment of international income and to submit a report to the interim committees of the Legislative Assembly related to revenue no later than December 1, 2026. Sunsets the task force on December 31, 2027. Declares an emergency, effective on passage.
AI Summary
This bill establishes a Task Force on Taxation of International Income, composed of 11 members including legislative representatives, labor union and business representatives, and experts in international income tax policy, to investigate and report on potential changes to Oregon's tax code that could improve or simplify the state's tax treatment of income earned by companies operating in multiple countries. The task force is directed to submit its findings and recommendations to legislative committees by December 1, 2026, and will be dissolved on December 31, 2027, with the Legislative Revenue Officer providing staff support. Additionally, the bill declares an emergency, meaning it will take effect immediately upon passage.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (0)
No sponsors listed
Last Action
Referred to Ways and Means. (on 03/03/2026)
Official Document
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