SB 93

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

Relating to tax incentives for financial institution lending in rural areas; prescribing an effective date.

Abstract

Creates an Oregon tax subtraction for interest received by financial institutions from loans made for the purchase or improvement of agricultural real estate, rural residences and coastal fishing boats. Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032. Exempts from commercial activity subject to the corporate activity tax interest received by financial institutions from loans made for the purchase or improvement of agricultural real estate, rural residences and coastal fishing boats. Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032. Takes effect on the 91st day following adjournment sine die.

Bill Sponsors (4)

Votes


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Actions


Jun 28, 2025

Senate

In committee upon adjournment.

Mar 17, 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

Bill Text Versions Format
Introduced PDF

Related Documents

Document Format
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Sources

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