SB 1542

  • Oregon Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Feb 05, 2024
  • Senate
  • House
  • Governor

Relating to corporate activity tax; prescribing an effective date.

Abstract

Digest: Raises exemption and filing thresholds for CAT tax. Exempts health care reimbursements. Starts with tax year 2025. Becomes law 91 days from sine die. (Flesch Readability Score: 63.2). Increases the exempt amount and filing threshold for purposes of the corporate activity tax. Exempts reimbursements for certain health care services, including care provided to medical assistance recipients and to Medicare recipients. Applies to tax years beginning on or after January 1, 2025. Takes effect on the 91st day following adjournment sine die.

Bill Sponsors (13)

Votes


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Actions


Mar 08, 2024

Senate

In committee upon adjournment.

Feb 12, 2024

Senate

Public Hearing held.

Feb 05, 2024

Senate

Referred to Finance and Revenue, then Ways and Means.

Feb 05, 2024

Senate

Introduction and first reading. Referred to President's desk.

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

Document Format
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Sources

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