· OR legislature · 2025R1

Relating to an income tax surtax to fund emergency preparedness; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.

Imposes a surtax on income tax liability. Transfers the proceeds of the income tax surtax to the Resiliency Grant Fund. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.

Sponsor

Paul Evans (D-OR)

Introduced

2025-01-13

Policy area

Economics and Public Finance

Latest action

In committee upon adjournment.