OR HB3856

Imposes a new personal income tax at a rate of 0.0013 (0.13%) on taxable income, adjusted annually for inflation using the Consumer Price Index, effective for tax years beginning January 1, 2026

Deposits tax proceeds into the State Wildlife Fund after subtracting tax credits claimed, with specific biennial allocations including $20 million for Private Forest Accord Mitigation, $10 million for wolf depredation compensation and wildlife damage programs, and $5 million each for the Oregon Conservation and Recreation Fund and Commercial Fisheries Fund

Distributes remaining funds by percentage to ODFW programs: 34.3% to replace General Fund appropriations, 19.3% for native wildlife conservation, 9.7% for hatchery capital and maintenance, 7.2% for wildlife connectivity projects, and smaller percentages for youth programs, wildlife health, beaver habitat restoration, and tribal cooperative management

Creates a personal income tax credit for purchases of hunting and fishing licenses, tags, or permits, and for donations to ODFW for conservation, capped at the taxpayer's liability under the new tax; credit available January 1, 2026 through January 1, 2032

Requires ODFW to report biennially to the Legislature beginning September 2030 on expenditures and outcomes of funded activities