· OR legislature · 2025R1

Relating to tax incentives for financial institution lending in rural areas; prescribing an effective date.

Creates Oregon tax subtraction for interest received by financial institutions from loans made for purchase or improvement of agricultural real estate, rural residences and coastal fishing boats. Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032. Exempts from commercial activity…

Sponsor

Dick Anderson (R-OR)

Introduced

2025-01-13

Policy area

Taxation

Latest action

In committee upon adjournment.