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OR SB57
Bill
Status
6/27/2025
Primary Sponsor
Cedric Hayden
Click for details
AI Summary
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Creates an Oregon income tax credit up to $100 for joint filers ($50 for individual filers) for subscriptions to qualifying media news outlets and donations to 501(c)(3) organizations supporting journalism, government transparency, and public records reform
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Qualifying media news outlets must be registered businesses for at least 12 months and regularly employ staff journalists producing Oregon news coverage
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Prohibits non-qualifying entities from falsely advertising eligibility for the tax credit, with civil penalties up to $500 per violation enforced by the Department of Revenue
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Applies to tax years beginning January 1, 2025 through December 31, 2030
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Takes effect on the 91st day following adjournment of the 2025 legislative session
Legislative Description
Relating to a tax credit for expenses related to journalism; prescribing an effective date.
Last Action
In committee upon adjournment.
6/27/2025