Loading chat...

OR HB3428

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Court Boice

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Creates an additional $1 million exclusion against Oregon estate tax, applied on top of existing exemptions and deductions

  • Requires the Department of Revenue to annually adjust the $1 million exclusion for inflation beginning January 1, 2027, using the U.S. City Average Consumer Price Index

  • Applies to estates of decedents who die on or after January 1, 2026

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

Legislative Description

Relating to exclusions from estate tax; prescribing an effective date.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Revenue1/30/2025

Full Bill Text

No bill text available