· OR legislature · 2025R1

Relating to the acquisition of bank assets by a credit union.

Provides that if a credit union acquires assets of a banking institution, receipts from the business portfolio acquired from the bank remain subject to the corporate excise tax and corporate activity tax.

Sponsor

Todd Nash (R-OR)

Introduced

2025-01-13

Policy area

Finance and Financial Sector

Latest action

In committee upon adjournment.