OR HB2732

Increases the tax credit for qualified crop donations from 15% to 25% of the wholesale market price for individuals and corporations that grow and donate crops to entities serving children, homeless, unemployed, elderly, or low-income individuals

Extends the expiration date of the crop donation tax credit program from January 1, 2026, to January 1, 2032

Unused tax credits may be carried forward for up to three succeeding tax years

Applies to tax years beginning on or after January 1, 2025

Takes effect on the 91st day following adjournment of the 2025 regular legislative session