OregonRelating to a tax credit for expenses related to journalism; prescribing an effective date.
What it does
Creates an income tax credit for subscriptions to media news outlets and donations to certain journalism organizations. Prohibits a person from falsely advertising the availability of the tax credit. Allows the Department of Revenue to impose a civil penalty for violation.
More detail
Applies to tax years beginning on or after January 1, 2025, and before January 1, 2031. Takes effect on the 91st day following adjournment sine die.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 28In committee upon adjournment.Latest
- Jan 17Referred to Finance and Revenue, then Tax Expenditures.Minor
- Jan 13Introduction and first reading. Referred to President's desk.Introduced