OR SB485 | 2025 | Regular Session
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]
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 would repeal the estate tax. (Flesch Readability Score: 90.9). Provides that the Oregon estate tax is imposed only on the estates of decedents dying on or before January 1, 2025. Takes effect on the 91st day following adjournment sine die.
Title
Relating to estate tax; prescribing an effective date.
Sponsors
| Sen. David Smith [R] |
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. |
