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SB112 • 2025

Extends the sunset for the tax credit for pension income.

Extends the sunset for the tax credit for pension income.

Taxes
Passed Legislature

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

Sponsor
Last action
2025-06-27
Official status
In Senate 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.

Extends the sunset for the tax credit for pension income.

Digest: The Act extends the sunset for the tax credit for pension income.

What This Bill Does

  • Digest: The Act extends the sunset for the tax credit for pension income.
  • (Flesch Readability Score: 74.8).
  • Extends the sunset for the tax credit for pension income.
  • Relating to: Relating to tax credits for pension income.

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

  1. 2025-06-27 Senate

    In committee upon adjournment.

  2. 2025-04-15 Senate

    Recommendation: Do pass and be referred to Tax Expenditures by prior reference.

  3. 2025-04-15 Senate

    Referred to Tax Expenditures by prior reference.

  4. 2025-04-14 Senate

    Work Session held.

  5. 2025-03-12 Senate

    Public Hearing held.

  6. 2025-01-17 Senate

    Referred to Finance and Revenue, then Tax Expenditures.

  7. 2025-01-13 Senate

    Introduction and first reading. Referred to President's desk.

Official Summary Text

Digest: The Act extends the sunset for the tax credit for pension income. (Flesch Readability Score: 74.8).
Extends the sunset for the tax credit for pension income.
Relating to: Relating to tax credits for pension income.
Current location: In Senate Committee

Current Bill Text

Read the full stored bill text 
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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
Senate Bill 112
Printed pursuant to Senate Interim Rule 213.28 by order of the President of the Senate in conformance with pre-
session filing rules, indicating neither advocacy nor opposition on the part of the President (at the request
of Senate Interim Committee on Finance and Revenue)
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 extends the sunset for the tax credit for pension income. (Flesch Readability
Score: 74.8).
Extends the sunset for the tax credit for pension income.
A BILL FOR AN ACT
Relating to tax credits for pension income; amending section 36, chapter 913, Oregon Laws 2009.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
Section 36, chapter 913, Oregon Laws 2009, as amended by section 9, chapter 750,
Oregon Laws 2013, and section 27, chapter 579, Oregon Laws 2019, is amended to read:
Sec. 36. A credit may not be claimed under ORS 316.157 for tax years beginning on or after
January 1, [ 2026] 2032.
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 3627