· OR legislature · 2025R1

Relating to tax rates; prescribing an effective date.

Provides that the threshold of the highest personal income tax bracket and the corporate excise tax bracket threshold are adjusted for inflation. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.

Sponsor

Werner Reschke (R-OR)

Introduced

2025-01-13

Policy area

Taxation

Latest action

In committee upon adjournment.