HB2437 • 2025

Requires a taxpayer to list information about persons to whom the taxpayer has paid compensation that is claimed as a business deduction on the taxpayer's federal income tax return.

Taxes

Passed Legislature

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

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

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Requires a taxpayer to list information about persons to whom the taxpayer has paid compensation that is claimed as a business deduction on the taxpayer's federal income tax return.

Digest: The Act requires a taxpayer to list on tax return the name, the date of birth and the Social Security number of the persons for whom taxpayer has deducted pay.

What This Bill Does

Digest: The Act requires a taxpayer to list on tax return the name, the date of birth and the Social Security number of the persons for whom taxpayer has deducted pay.
The Act taxes the amounts that are paid to the persons for whom this is not listed.
(Flesch Readability Score: 65.9).
Requires a taxpayer to list information about persons to whom the taxpayer has paid compensation that is claimed as a business deduction on the taxpayer's federal income tax return.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-06-27 House
In committee upon adjournment.
2025-01-17 House
Referred to Revenue.
2025-01-13 House
First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act requires a taxpayer to list on tax return the name, the date of birth and the Social Security number of the persons for whom taxpayer has deducted pay. The Act taxes the amounts that are paid to the persons for whom this is not listed. (Flesch Readability Score: 65.9).
Requires a taxpayer to list information about persons to whom the taxpayer has paid compensation that is claimed as a business deduction on the taxpayer's federal income tax return. Requires the taxpayer to add back amounts paid to the person for whom the information is not provided.
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.
Relating to: Relating to paid compensation claimed as a business deduction; prescribing an effective date.
Current location: In House Committee

Current Bill Text

Read the full stored bill text

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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
House Bill 2437
Sponsored by Representative YUNKER; Representative WRIGHT, Senator NASH (Presession filed.)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced. The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: The Act requires a taxpayer to list on tax return the name, the date of birth and the
Social Security number of the persons for whom taxpayer has deducted pay. The Act taxes the
amounts that are paid to the persons for whom this is not listed. (Flesch Readability Score: 65.9).
Requires a taxpayer to list information about persons to whom the taxpayer has paid compen-
sation that is claimed as a business deduction on the taxpayer’s federal income tax return. Requires
the taxpayer to add back amounts paid to the person for whom the information is not provided.
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.
A BILL FOR AN ACT
Relating to paid compensation claimed as a business deduction; and prescribing an effective date.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
Section 2 of this 2025 Act is added to and made a part of ORS chapter 317.
SECTION 2. If a taxpayer has claimed, on the taxpayer’s federal income tax return, any
amount for salary or other compensation paid by the taxpayer in the course of a trade or
business and deducted as a trade or business expense under section 162 of the Internal Re-
venue Code:
(1) For each person to whom the taxpayer has paid compensation during the tax year,
the taxpayer must list on the taxpayer’s Oregon income tax return the recipient’s name,
date of birth, Social Security number and the amount of salary or wages paid to the recipient
during the tax year.
(2) For any recipient of compensation for whom the taxpayer does not provide all of the
information listed in subsection (1) of this section, there shall be added to federal taxable
income the amount of compensation paid to that recipient and claimed on the federal return.
SECTION 3. Section 2 of this 2025 Act applies to tax years beginning on or after January
1, 2026, and before January 1, 2032.
SECTION 4. This 2025 Act takes effect on the 91st day after the date on which the 2025
regular session of the Eighty-third Legislative Assembly adjourns sine die.
NOTE: Matter in boldfaced type in an amended section is new; matter [ italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 614