HB 4014 Oregon House · 2026 Regular Session

Relating to state finance; declaring an emergency.

Summary

] [ Requires the Legislative Revenue Officer to study the state financial system. Directs the Legislative Revenue Officer to submit findings to the interim committees of the Legislative Assembly related to revenue not later than December 1, 2027. ] Establishes the Task Force on Taxation of International Income. Directs the task force to investigate whether changes to Oregon's tax code could improve or simplify the state's tax treatment of international income and to submit a report to the interim committees of the Legislative Assembly related to revenue no later than December 1, 2026. Sunsets the task force on December 31, 2027. Declares an emergency, effective on passage.

Bill status passed 3 of 5 stages cleared

Introduction

Feb 2026

Committee Review

Mar 2026

House Passage

Mar 2026

Senate Passage

Governor

Introduced Feb 2, 2026 Last action Mar 6, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Introduced → A-Engrossed · 5 edits · Mar 3, 2026

MODERATE

The bill was amended from its original version to create a new Task Force on Taxation of International Income instead of directing the Legislative Revenue Officer to study the state financial system. The task force will investigate how Oregon taxes income earned by companies operating in multiple countries and must submit a report by December 1, 2026, with the task force ending on December 31, 2027.

Scope change

The bill's scope changed from a general state financial system study to a specific focus on international income taxation, with a new 11-member task force established to investigate tax code improvements for multinational companies.

REQUIREMENT

Changed the primary requirement from directing the Legislative Revenue Officer to study the state financial system to establishing a new Task Force on Taxation of International Income.

Added a new 11-member task force with specific appointments from the Speaker of the House, President of the Senate, labor unions, businesses, international corporations, and tax policy experts.

Added emergency declaration provision stating the bill takes effect immediately upon passage.

TIMELINE

Changed the report deadline from December 1, 2027 to December 1, 2026, and moved the task force sunset date to December 31, 2027.

SCOPE

Narrowed the bill's focus from general state finance to specifically examining Oregon's tax treatment of international income earned by companies doing business in multiple countries.

Floor votes · House Mar 3, 2026

How they voted

32–25

Passed · 2 other

Total votes 59

Mar 3, 2026

D Democratic37

32 Yea 3 Nay 2

86% Yea

R Republican22

22 Nay

100% Nay

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 6, 2026

Upper · Passed

Recommendation: Do pass the A-Eng. bill.

upper

Mar 3, 2026

Committee

Referred to Ways and Means.

upper

Mar 3, 2026

Introduced

First reading. Referred to President's desk.

upper

Mar 3, 2026

Lower · Passed

Passed.

lower

Feb 28, 2026

Lower · Passed

Recommendation: Do pass.

lower

Feb 25, 2026

Lower · Passed

Returned to Full Committee.

lower

Feb 23, 2026

Committee

Assigned to Subcommittee On General Government.

lower

Feb 23, 2026

Committee

Referred to Ways and Means by order of Speaker.

lower

Feb 23, 2026

Lower · Passed

Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.

lower

Feb 2, 2026

Committee

Referred to Revenue.

lower

Feb 2, 2026

Introduced

First reading. Referred to Speaker's desk.

lower

0 primary · 0 co-sponsors

What changed between versions

How they voted

Actions timeline

Sponsors