David Smith
- Republican
- Senator
- District 1
Primary
] [Provides that the Oregon estate tax is imposed only on the estates of decedents dying on or before January 1, 2025.] Modifies the exemption from taxable estate for the value of natural resource property as applicable to forestland. Limits the exemption to small forestland owners and allows an exemption based on active management appropriate for the current phase of the forest management cycle. Applies to estates of decedents dying on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
Effective date, September 26, 2025.
Chapter 595, 2025 Laws.
Governor signed.
Speaker signed.
President signed.
Third reading. Carried by Osborne. Passed.
Potential conflict(s) of interest declared by Edwards.
Rules suspended. Carried over to June 19, 2025 Calendar.
Second reading.
Recommendation: Do pass.
Work Session held.
Public Hearing held.
Referred to Revenue.
First reading. Referred to Speaker's desk.
Third reading. Carried by Smith DB. Passed.
Second reading.
Recommendation: Do pass with amendments. (Printed A-Eng.)
Work Session held.
Public Hearing held.
Referred to Finance and Revenue.
Introduction and first reading. Referred to President's desk.
| Bill Text Versions | Format |
|---|---|
| A-Engrossed | |
| Enrolled | |
| Introduced | |
| Senate Amendments to Introduced | |
| SFR Amendment -2 |
| Document | Format |
|---|---|
| 2025-05-07 Proposed Amendment -2 |
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