OregonRelating to an income tax surtax to fund emergency preparedness; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
What it does
Imposes a surtax on income tax liability. Transfers the proceeds of the income tax surtax to the Resiliency Grant Fund. Applies to tax years beginning on or after January 1, 2026.
More detail
Takes effect on the 91st day following adjournment sine die.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 28In committee upon adjournment.Latest
- Jan 17Referred to Emergency Management, General Government, and Veterans with subsequent referral to Revenue.Minor
- Jan 13First reading. Referred to Speaker's desk.Introduced