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OR SB21
Bill
Status
Failed
6/27/2025
Primary Sponsor
Sara Gelser Blouin
Click for details
AI Summary
- Creates an income or corporate excise tax credit for employers who hire foster children or former foster children in Oregon
- Credit equals 40% of wages paid to each eligible employee, capped at $2,400 per employee per tax year
- Employers must obtain written certification of employee eligibility from the Employment Department before claiming the credit
- Unused credits may be carried forward for up to three succeeding tax years
- Applies to tax years beginning January 1, 2026 through January 1, 2032
Legislative Description
Relating to a tax credit for employment of foster children; 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