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SB 1511 Oregon Senate · 2026 Regular Session

Relating to the estate tax; prescribing an effective date.

Summary
] [ Requires the Legislative Revenue Officer to study the estate tax. 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. ] Converts the $1 million exclusion for an estate subject to tax to a deduction of $2.5 million. Phases in the tax above the deduction. Raises the filing threshold for an estate tax return. Adjusts the deduction and filing threshold for inflation. Adjusts estate tax rates. Applies to the estates of decedents dying on or after January 1, 2027. Takes effect on the 91st day following adjournment sine die.
Bill status passed 3 of 5 stages cleared
Introduction
Feb 2026
Committee Review
Mar 2026
Senate Passage
Feb 2026
House Passage
Governor
Introduced Feb 2, 2026 Last action Mar 7, 2026
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → A-Engrossed · 5 edits · Feb 25, 2026
MODERATE
This bill replaces a study requirement with actual estate tax changes, converting the estate tax exclusion from $1 million to $2.5 million and adjusting tax rates. The new provisions apply to estates of people who die on or after January 1, 2027, and include inflation adjustments to thresholds and rates.
Scope change
The bill expands from a temporary study requirement to permanent tax provisions with specific rates and thresholds, while maintaining applicability to both resident and nonresident decedents with Oregon property.
REQUIREMENT

Replaced the requirement for the Legislative Revenue Officer to study the estate tax with actual tax provisions that modify ORS 118.010 and 118.160.

FISCAL

Increased the estate tax exclusion from $1 million to $2.5 million and adjusted tax rates across different estate value brackets.

TIMELINE

Added specific effective date provisions applying to estates of decedents dying on or after January 1, 2027, with implementation on the 91st day following adjournment sine die.

TECHNICAL

Added inflation adjustment mechanisms for the deduction and filing threshold amounts.

ELIGIBILITY

Maintained eligibility for both resident and nonresident decedents while clarifying the Oregon taxable estate calculation methodology.

Floor votes · Senate Feb 25, 2026

How they voted

22–5
Passed · 3 other
Total votes 30
Feb 25, 2026
D Democratic18
17 Yea 1 Nay
94% Yea
R Republican12
5 Yea 4 Nay 3
41% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
12
Key actions
3
Committee
4
Mar 7, 2026
Lower · Passed
In committee upon adjournment.
lower
Feb 25, 2026
Committee
Referred to Revenue.
lower
Feb 25, 2026
Introduced
First reading. Referred to Speaker's desk.
lower
Feb 25, 2026
Upper · Passed
Third reading. Carried by Broadman. Passed.
upper
Feb 20, 2026
Upper · Passed
Recommendation: Do pass with amendments. (Printed A-Eng.)
upper
Feb 2, 2026
Committee
Referred to Finance and Revenue.
upper
Feb 2, 2026
Introduced
Introduction and first reading. Referred to President's desk.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.