Exempts from Oregon personal income taxation a taxpayer with Oregon adjusted gross income that is equal to or less than 120 percent of the median Oregon adjusted gross income.

Taxes

Passed Legislature

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

Sponsor: Senator Anderson
Last action: 2025-06-27
Official status: In Senate 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 Senate
In committee upon adjournment.
2025-02-25 Senate
Introduction and first reading. Referred to President's desk.
2025-02-25 Senate
Referred to Finance and Revenue.

Official Summary Text

Digest: The Act says that a taxpayer with income equal to or less than 120 percent of the state median income does not pay state income tax. (Flesch Readability Score: 60.0).
Exempts from Oregon personal income taxation a taxpayer with Oregon adjusted gross income that is equal to or less than 120 percent of the median Oregon adjusted gross income.
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 exempting taxpayers with certain incomes from personal income tax; prescribing an effective date.
Current location: In Senate Committee