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OR SB209
Bill
Status
Failed
6/27/2025
Primary Sponsor
David Smith
Click for details
AI Summary
- Creates an income or corporate excise tax credit of up to $2,500 per eligible employee for employers who hire youth ages 14-24 through the Oregon Youth Employment Program
- Eligible employees must work at least 200 hours during the tax year and be employed through the Oregon Youth Employment Program (ORS 660.353)
- Employers must obtain written certification from the Employment Department before claiming the credit; unused credits may be carried forward up to three succeeding tax years
- Credit applies to tax years beginning on or after January 1, 2026, and before January 1, 2032
- Takes effect on the 91st day following adjournment of the 2025 regular legislative session
Legislative Description
Relating to a tax credit for employment of youth through the Oregon Youth Employment Program; prescribing an effective date.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Finance and Revenue1/17/2025
Full Bill Text
No bill text available