Back to Oregon

HB2118 • 2025

Exempts certain agricultural commodities from commercial activity subject to the corporate activity tax.

Exempts certain agricultural commodities from commercial activity subject to the corporate activity tax.

Taxes
Passed Legislature

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

Sponsor
Representative Reschke
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 exempts certain plants grown by farmers from tax under the CAT. (Flesch Readability Score: 83.0).
Exempts certain agricultural commodities from commercial activity subject to the corporate activity tax. Applies to tax years beginning on or after January 1, 2026.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to the exemption of agricultural commodities from the corporate activity tax; prescribing an effective date.
Current location: In House Committee