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OR HB3737

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Alek Skarlatos

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Creates a new $4 million exclusion against Oregon estate tax, in addition to existing exemptions and exclusions
  • Beginning January 1, 2027, the Department of Revenue must annually adjust the $4 million exclusion for inflation 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

Revenue2/27/2025

Full Bill Text

No bill text available