HB 2197

  • Oregon House Bill
  • 2025 Regular Session
  • Introduced in House Jan 13, 2025
  • House
  • Senate
  • Governor

Relating to tax incentives for financial institution lending in rural areas; prescribing an effective date.

Abstract

Creates Oregon tax subtraction for interest received by financial institutions from loans made for purchase or improvement of agricultural real estate, rural residences and coastal fishing boats. Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032. Exempts from commercial activity subject to corporate activity tax interest received by financial institutions from loans made for purchase or improvement of agricultural real estate, rural residences and coastal fishing boats. Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032. Takes effect on the 91st day following adjournment sine die.

Bill Sponsors (4)

Votes


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Actions


Jun 28, 2025

House

In committee upon adjournment.

Apr 15, 2025

House

Informational Meeting held.

Mar 04, 2025

House

Public Hearing held.

Jan 17, 2025

House

Referred to Revenue.

Jan 13, 2025

House

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

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Sources

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