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OR HB2190
Bill
Status
Failed
6/27/2025
Primary Sponsor
Werner Reschke
Click for details
AI Summary
- Redirects one-third of Oregon's corporate activity tax (CAT) revenue to the State Highway Fund for transportation purposes
- Maintains two-thirds of CAT revenue for education through the Fund for Student Success
- Adds CAT transfers as a new funding source for the State Highway Fund alongside existing sources like fuel taxes, vehicle licensing fees, and federal highway funds
- Applies to moneys received by the Department of Revenue on or after January 1, 2026
- Takes effect on the 91st day following adjournment of the 2025 legislative session
Legislative Description
Relating to revenues derived from 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