· OR legislature · 2025R1

Relating to tax treatment of research expenditures; prescribing an effective date.

Restores the corporate excise tax credit allowed for qualified research activities at an increased maximum amount. Provides for refundability and transferability of the credit. Allows the option for research and development expenditures to be fully deducted in the tax year paid or incurred, rather than treated as ca…

Sponsor

Werner Reschke (R-OR)

Introduced

2025-01-13

Policy area

Taxation

Latest action

In committee upon adjournment.