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HB2058 • 2025

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 $13.99 million.

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 $13.99 million.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Wright, Representative Elmer,, Yunker,
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-17 House

    Referred to Revenue.

  3. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act would set a static, permanent match for the estate tax exemption, tied to the federal exempt amount for 2025 deaths. The Act would become law on the 91st day after sine die. (Flesch Readability Score: 65.1).
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 $13.99 million. Raises the threshold for the filing of an estate tax return to a gross estate valued at more than $13.99 million.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to conforming estate tax to federal basic exclusion amount; prescribing an effective date.
Current location: In House Committee