OR HB2895

Creates an income tax credit of $3 per hour for small businesses (25 or fewer employees) that employ youth workers under age 18, capped at 1,300 hours per worker and up to three workers per taxpayer

Requires employers to provide youth workers with performance evaluations every six months and obtain written certification of eligibility from the Bureau of Labor and Industries before claiming the credit

Unused credits may be carried forward for up to three succeeding tax years; credit cannot exceed the taxpayer's tax liability for the year

Applies to tax years beginning on or after January 1, 2025, and before January 1, 2031

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