HB 2713

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

Relating to funding for calamity preparation; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.

Abstract

Imposes a surtax on personal income tax liability. Imposes an Oregon personal alternative minimum tax. Establishes the Resiliency Requirements Fund. Establishes the Shaky Day Fund. Directs the proceeds of the income tax surtax and the alternative minimum tax to be used for funding resiliency. Modifies the formula for transfer of a percentage of the General Fund ending balance to include a transfer to the Shaky Day Fund, in addition to the transfer to the Rainy Day Fund. First applies to tax years beginning on or after January 1, 2026, and to biennia beginning on or after July 1, 2025. Takes effect on the 91st day following adjournment sine die.

Bill Sponsors (1)

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Actions


Jun 28, 2025

House

In committee upon adjournment.

Jan 17, 2025

House

Referred to Emergency Management, General Government, and Veterans with subsequent referral 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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