Sen. David Smith

Reduces the required size of real property and the percentage of value of the adjusted gross estate necessary for real property to qualify for a natural resource property credit against estate tax, where the real property is forestland or forestland homesites. Applies to estates of decedents dying on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.

Directs the State Forestry Department to study and make recommendations to an interim committee of the Legislative Assembly regarding efficacy of forest management. Sunsets January 2, 2027. Takes effect on the 91st day following adjournment sine die.

Maddy summarySB 396 requires Oregon's public universities to create a single, shared application form for undergraduate admission. This means prospective students applying to any Oregon public university (like UO, OSU, or others) would only need to submit one application instead of separate forms for each school. The bill mandates that all universities listed in state law jointly develop this common application system. It will take effect for applications submitted for the 2027-2028 academic year.

Creates an income or corporate excise tax credit for the amount paid by an owner of an eligible generation facility for transmission services. Directs that the amount paid, for purposes of the tax credit, shall be calculated as the sum of amounts paid by the owner to the Bonneville Power Administration or an electric utility for up to 600 megawatts of the eligible generation facility's nameplate capacity and to other parties. Requires a taxpayer to first receive a final written certification from the State Department of Energy to claim the tax credit. Allows a taxpayer to apply for a preliminary certification of an eligible generation facility prior to, during or after construction of the facility. Applies to all tax years beginning on or after January 1, 2026[ , and to eligible generation facilities first placed in service on or after January 1, 2026, and before January 1, 2032 ]. [ Takes effect on the 91st day following adjournment sine die. ].

Requires the Oregon Health Authority and coordinated care organizations to provide reimbursement for air ambulance services provided to medical assistance recipients at rates in accordance with the national Ambulance Inflation Factor.

Maddy summarySB 1205 extends the deadline for Oregon residents to claim a personal income tax deduction on money received from wildfire-related lawsuits. It delays the expiration date for this tax break from 2026 to 2028, allowing affected taxpayers more time to file. The bill directly impacts Oregon residents who resolved civil cases related to wildfires and received settlement payments. This change modifies existing tax law to provide continued eligibility for the deduction through 2028.

Digest: The Act stops state agencies from doing things to reduce or stop greenhouse gases from entering the air in Oregon. (Flesch Readability Score 63.8). Prohibits the Governor and specified state agencies from taking measures to reduce greenhouse gas emissions in Oregon unless authorized by the Legislative Assembly by law enacted on or after the effective date of the Act. Takes effect on the 91st day following adjournment sine die.

Establishes a ratings system for library materials available to young individuals based on appropriateness for different age groups. Requires public and school libraries to make library materials available only in accordance with the ratings. Directs the State Librarian to develop and maintain a public central list of the ratings.

Appropriates moneys to the State Department of Agriculture, out of the General Fund, for the purpose of developing a grant program to fund the construction of meat rendering plants. Declares an emergency, effective on passage.

Appropriates moneys to the State Department of Fish and Wildlife for the purpose of funding programs that award $5 for each take of pikeminnow, if the take complies with wildlife laws. Declares an emergency, effective on passage.