HB 3630

  • Oregon House Bill
  • 2025 Regular Session
  • Introduced in House Jun 19, 2025
  • Passed House Jun 19, 2025
  • Passed Senate Jun 26, 2025
  • Signed by Governor Jul 24, 2025

Relating to estate tax treatment of natural resource property; and prescribing an effective date.

Abstract

Modifies exemption from the taxable estate for the value of natural resource property to accommodate interests owned through a trust or business entity. Adds detail to look-back and look-forward provisions as applicable to entities. Allows for replacement property. Applies to estates of decedents dying on or after July 1, 2025. Takes effect on the 91st day following adjournment sine die.

Bill Sponsors (10)

Votes


Actions


Aug 13, 2025

House

Chapter 577, (2025 Laws): Effective date September 26, 2025.

Jul 24, 2025

House

Governor signed.

Jun 27, 2025

Senate

President signed.

Jun 27, 2025

House

Speaker signed.

Jun 26, 2025

Senate

Rules suspended. Third reading. Carried by Bonham. Passed.

Jun 26, 2025

Senate

Second reading.

Jun 26, 2025

Senate

Recommendation: Do pass.

Jun 25, 2025

Senate

Work Session held.

Jun 20, 2025

Senate

Public Hearing held.

Jun 19, 2025

Senate

Referred to Rules.

Jun 19, 2025

Senate

First reading. Referred to President's desk.

Jun 19, 2025

House

Third reading. Carried by Mannix. Passed.

Jun 18, 2025

House

Rules suspended. Carried over to June 19, 2025 Calendar.

Jun 17, 2025

House

Second reading.

Jun 16, 2025

House

Recommendation: Do pass.

Jun 13, 2025

House

Work Session held.

Apr 03, 2025

House

Public Hearing held.

Feb 21, 2025

House

Referred to Revenue.

Feb 20, 2025

House

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Enrolled PDF
Introduced PDF

Related Documents

Document Format
No related documents.

Sources

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