SB 419

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

Relating to taxation of multinational corporations; prescribing an effective date.

Abstract

Includes, for purposes of corporate excise tax, a corporation incorporated in the United States or a foreign country in the determination of unitary relationship among corporations. Establishes the Perinatal, Child and Maternal Health Fund to fund programs to support the health and well-being of parents and young children. Transfers an amount equal to the estimated increase in revenue attributable to the change in tax treatment of multinational taxpayers to the fund. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.

Bill Sponsors (1)

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Jun 28, 2025

Senate

In committee upon adjournment.

Jan 17, 2025

Senate

Referred to Early Childhood and Behavioral Health, then Finance and Revenue, then Ways and Means.

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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Sources

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