· OR legislature · 2025R1

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

Creates an Oregon tax subtraction for interest received by financial institutions from loans made for the 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 ac…

Sponsor

Mark Meek (D-OR)

Introduced

2025-01-13

Policy area

Taxation

Latest action

In committee upon adjournment.