OR HB3317

Publicly traded corporations must obtain majority shareholder approval before making political expenditures exceeding $100 in any calendar year

Corporations making political expenditures over $100 must publicly disclose on their website the amount, recipient, and purpose of each expenditure

Directors and officers must disclose statements of economic interest detailing financial benefits they expect from political expenditures, expected policy outcomes, and any ownership interests in recipient entities

Non-compliance results in loss of all state tax credits, deductions, and allowances; directors or officers who make unauthorized expenditures are personally liable for repayment plus 6% annual interest

Applies to foreign corporations making political expenditures within Oregon; becomes operative January 1, 2026