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OR SB112
Bill
AI Summary
- Extends the sunset date for Oregon's tax credit for pension income from January 1, 2026 to January 1, 2032
- Amends ORS 316.157, which provides the pension income tax credit
- Provides a 6-year extension allowing taxpayers to continue claiming the credit through tax year 2031
- Requested by the Senate Interim Committee on Finance and Revenue
Legislative Description
Relating to tax credits for pension income.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Tax Expenditures4/15/2025
Finance and Revenue1/17/2025
Full Bill Text
No bill text available