OR HB2234 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-17 - Referred to Revenue.
Pending: House Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 13 2025 - 25% progression
Action: 2025-01-17 - Referred to Revenue.
Pending: House Revenue Committee
Text: Latest bill text (Introduced) [PDF]
Summary
The Act makes overtime pay not subject to personal income tax. (Flesch Readability Score: 64.9). Creates an Oregon personal income tax subtraction for overtime pay received by a taxpayer during the tax year. 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.
Title
Relating to an income tax subtraction for overtime pay received; prescribing an effective date.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-01-17 | House | Referred to Revenue. |
2025-01-13 | House | First reading. Referred to Speaker's desk. |