· OR legislature · 2025R1

Relating to capital gains treatment of affordable housing property; prescribing an effective date.

Allows a subtraction from federal taxable income of the gain from the sale of opportunity zone property, defined as property in a low-income census tract developed for affordable housing and held for a stated period of time. Applies to tax years beginning on or after January 1, 2025, and before January 1, 2031. Take…

Sponsor

Paul Evans (D-OR)

Introduced

2025-01-13

Policy area

Housing and Community Development

Latest action

In committee upon adjournment.