Loading chat...

OR SB560

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Richard Anderson

Click for details

Origin

Senate

2025 Legislative Measures

AI Summary

  • Creates an Oregon personal income tax subtraction allowing taxpayers to deduct tips that were properly reported as wages on their federal income tax return
  • Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032 (six-year duration)
  • Sponsored by Senators Anderson, Manning Jr., and Prozanski
  • Takes effect on the 91st day following adjournment of the 2025 regular legislative session

Legislative Description

Relating to an income tax subtraction for tips received; 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