Increases the percentage of federal earned income credit allowable as a credit against Oregon personal income tax.

Taxes

Passed Legislature

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

Sponsor: Representative Elmer, Representative Boice,, Gomberg,, Harbick,, Levy B,, Mannix,, McIntire,, Osborne,, Pham H,, Scharf,, Skarlatos,, 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

2025-06-27 House
In committee upon adjournment.
2025-02-25 House
Public Hearing held.
2025-01-17 House
Referred to Revenue.
2025-01-13 House
First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act modifies the earned income tax credit and extends the sunset for the credit. (Flesch Readability Score: 67.5).
Increases the percentage of federal earned income credit allowable as a credit against Oregon personal income tax. Provides an additional percentage tier based upon the age of the youngest dependent of the taxpayer.
Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032.
Extends the sunset for the earned income tax credit.
Takes effect on the 91st day following adjournment sine die.
Relating to: Relating to earned income tax credits; prescribing an effective date.
Current location: In House Committee