OR HB4052

Creates a corporate excise tax credit for newly chartered Oregon banks ("de novo banks") for each of their first three years of operation, with a maximum credit of $1 million per year

Applies only to Oregon-chartered banks that commence business between January 1, 2027, and January 1, 2033

Excludes banks formed through mergers, conversions, or by taxpayers who previously filed returns under the corporate excise tax chapter

Unused credits may be carried forward for up to three succeeding tax years

Requires banks to obtain a charter and certificate of authority from the Department of Consumer and Business Services before claiming the credit