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OR HB2176

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Jeff Helfrich

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Repeals Oregon's Corporate Activity Tax (CAT), which was established in 2019 under ORS 317A.100-317A.161

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

  • Amends the Fund for Student Success (ORS 327.001) to remove CAT revenue as a funding source, leaving only legislative appropriations, gifts, grants, and donations

  • Maintains the $40 million minimum transfer to the High Cost Disabilities Account but eliminates the CAT-linked funding formula

  • Takes effect on the 91st day following adjournment sine die of the 2025 legislative session

Legislative Description

Relating to the repeal of the corporate activity 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