SB 405

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

Relating to conforming estate tax to federal basic exclusion amount; prescribing an effective date.

Abstract

Provides that, for the estates of decedents dying on or after January 1, 2026, Oregon estate tax is not due unless the value of the Oregon taxable estate exceeds $13.61 million. Raises the threshold for the filing of an estate tax return to a gross estate valued at more than $13.61 million. Takes effect on the 91st day following adjournment sine die.

Bill Sponsors (2)

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Actions


Jun 28, 2025

Senate

In committee upon adjournment.

Feb 12, 2025

Senate

Public Hearing held.

Jan 17, 2025

Senate

Referred to Finance and Revenue.

Jan 13, 2025

Senate

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

Bill Text

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Introduced PDF

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