OR SB519 | 2025 | Regular Session

Oregon Senate Bill 519

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

Exempts from state income tax for a veteran all retirement pay or pension received for service in the Armed Forces. The Act applies to tax years that start on or after January 1, 2026. (Flesch Readability Score: 60.1). Exempts from state income tax for a taxpayer who is a veteran all retirement pay or pension received for service in the Armed Forces of the United States. Applies to tax years beginning on or after January 1, 2026.

Title

Relating to a taxable income exemption for taxpayers who are a veteran.

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/SB519
Text	https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/SB519/Introduced
Supplement	https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/84716