· OR legislature · 2025R1

Relating to a tax imposed on university endowments; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.

Imposes excise tax on net investment income of public universities. Directs revenues to Fund for Student Success. Applies to tax years beginning on or after January 1, 2026. Takes effect on 91st day following adjournment sine die.

Sponsor

Dick Anderson (R-OR)

Introduced

2025-02-25

Policy area

Taxation

Latest action

In committee upon adjournment.