Creates Oregon tax subtraction for amounts received in settlement of civil action arising from wildfire. Applies to amounts received in tax years beginning on or after January 1, 2020, and before January 1, 2026. Takes effect on 91st day following adjournment sine die.
Requires Department of Environmental Quality to study disposal of electric vehicle batteries. Directs department to submit findings to interim committees of Legislative Assembly related to environment not later than September 15, 2024.
Eliminates requirement that health benefit plans cover abortions.
Adds processor to types of entities from which taxpayer engaged in farming operation may obtain certification stating percentage of in-state agricultural commodity sold to entity, in order to determine taxpayer's commercial activity for purposes of corporate activity tax. Applies to tax years beginning on or after January 1, 2024. Takes effect on 91st day following adjournment sine die.
Proposes amendment to Oregon Constitution to expand scope of term "bills for raising revenue" for supermajority vote requirement. Refers proposed amendment to people for their approval or rejection at next regular general election.
Allows additional estate tax exclusion of $1 million. Adjusts for inflation. Takes effect on 91st day following adjournment sine die.
Creates income or corporate excise tax credit for taxpayer that employs youth through Oregon Youth Employment Program. Applies to tax years beginning on or after January 1, 2024, and before January 1, 2030. Takes effect on 91st day following adjournment sine die.
Modifies definition of "compensation," for purposes of pay equity requirements, to exclude hiring bonuses and retention bonuses.
Provides that taxpayer is not required to make estimated corporate activity tax payment for quarter that taxpayer has zero taxable commercial activity. Applies to tax years beginning on or after January 1, 2024. Takes effect on 91st day following adjournment sine die.
Prohibits abortion unless health care provider first performs ultrasound on pregnant person, except in case of medical emergency. Creates civil penalty for violation of ultrasound requirement. Directs authority to deposit penalties assessed into Oregon Student Assistance Fund for purposes of providing scholarships to foster children.
