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OR HB2735

Bill

Status

Failed

6/27/2025

Primary Sponsor

Ricki Ruiz

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Tax credits under ORS 315.271 and 458.690 for individual development account contributions cannot be claimed for tax years beginning on or after January 1, 2030
  • Donations to a fiduciary organization must be made prior to April 15, 2030 for taxpayers to qualify for the credit
  • Amendments to ORS 315.271 from Oregon Laws 2021 apply to tax years beginning on or after January 1, 2022 and before January 1, 2030
  • Amends Section 9 of chapter 765, Oregon Laws 2007, which has been previously modified in 2015, 2021, and 2023

Legislative Description

Relating to individual development accounts.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Tax Expenditures5/29/2025
Revenue4/8/2025
Housing and Homelessness1/17/2025

Full Bill Text

No bill text available