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OR SB382

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Suzanne Weber

Click for details

Origin

Senate

2025 Legislative Measures

AI Summary

  • Exempts receipts from prescription drug sales by all licensed retail pharmacies from Oregon's corporate activity tax
  • Expands the current exemption, which only applies to "eligible pharmacies" with nine or fewer locations under common ownership, to include all pharmacies regardless of size
  • Removes the exclusion for pharmacies that primarily serve veterinary customers
  • Applies to tax years beginning on or after January 1, 2026
  • Takes effect on the 91st day following adjournment of the 2025 legislative session

Legislative Description

Relating to exemption of prescription drug sales; 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