OR SB407 | 2025 | Regular Session

Oregon Senate Bill 407

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-17 - Referred to Finance and Revenue.
Pending: Senate Finance and Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

The Act reduces tax rates on capital gains. (Flesch Readability Score: 82.3). Reduces the rate of tax on capital gains of personal income and corporate income and excise taxpayers. Applies to tax years beginning on or after January 1, 2025. Takes effect on the 91st day following adjournment sine die. .

Title

Relating to decreases in capital gains tax rates; prescribing an effective date.

History

Date	Chamber	Action
2025-01-17	Senate	Referred to Finance and Revenue.
2025-01-13	Senate	Introduction and first reading. Referred to President's desk.

Oregon State Sources

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB407
Text	https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/SB407/Introduced
Supplement	https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/84604