HB 3713

  • Oregon House Bill
  • 2025 Regular Session
  • Introduced in House Feb 25, 2025
  • House
  • Senate
  • Governor

Relating to tax treatment of net losses; prescribing an effective date.

Abstract

Removes the 15-year limitation on the carryforward of net operating losses by corporate excise taxpayers. Limits the net operation loss deduction to 95 percent of taxable income in a tax year. Applies to the determination of Oregon taxable income for all tax years beginning on or after January 1, 2026, and to net losses arising in tax years beginning on or after January 1, 2010. 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.

Feb 27, 2025

House

Referred to Revenue.

Feb 25, 2025

House

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Introduced PDF

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Sources

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