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OR HB2114

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Werner Reschke

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Repeals Oregon's corporate minimum tax (ORS 317.090) for all corporations doing business in the state

  • Amends multiple tax statutes (ORS 314.762, 315.133, 315.518, 315.519, 317.070, 317.151, and 317.635) to remove references to the corporate minimum tax

  • Removes the exemption for interest charge DISCs (Domestic International Sales Corporations) formed on or before January 1, 2014 from the minimum tax

  • Applies to tax years beginning on or after January 1, 2026

  • Takes effect on the 91st day following adjournment sine die of the 83rd Legislative Assembly's 2025 regular session

Legislative Description

Relating to repeal of the corporate minimum tax; prescribing an effective date.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Revenue1/17/2025

Full Bill Text

No bill text available