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OR SB379

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Suzanne Weber

Click for details

Origin

Senate

2025 Legislative Measures

AI Summary

  • Removes the January 1, 2026 sunset date on the corporate activity tax exemption for receipts from prescription drug sales by certain pharmacies
  • Makes the pharmacy prescription drug sales exemption under ORS 317A.123 permanent for all tax years beginning on or after January 1, 2022
  • Amends Section 16, chapter 82, Oregon Laws 2022, which was previously modified by chapter 52, Oregon Laws 2024
  • Sponsored by Senator Weber with Senators Bonham and Linthicum at the request of former Senator Lynn Findley

Legislative Description

Relating to an exemption for pharmacy receipts under the corporate activity tax.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Finance and Revenue2/5/2025
Health Care1/17/2025

Full Bill Text

No bill text available