Sen. Mike McLane

Provides for an additional exemption against Oregon estate tax in order to account for inflation in the calculation of a taxable estate. Adjusts the amount of an exemption based on inflation. Allows an estate to file an amended return seeking a refund based on the operation of the exemption. Applies to the estates of all decedents who die on or after January 1, 2020. Takes effect on the 91st day following adjournment sine die.

Urges the President of the United States, the Executive Director of the Maritime Administration of the United States Department of Transportation and the Congress of the United States to purchase the SS United States from Okaloosa County, Florida, using funds transferred from the United States Department of Defense, designate it as a [ National Historic Landmark ] national landmark , restore it to its full working condition and name it the official flagship of our nation.

] Exempts from state income tax up to $17,500 in federal retirement pay or pension received for service in the Armed Forces of the United States for a taxpayer who is receiving federal retirement pay or pension for service in the Armed Forces of the United States and who has [ not ] attained 63 years of age before the close of the taxable year [ for which a return is filed ]. Applies to tax years beginning on or after January 1, 2025. Takes effect on the 91st day following adjournment sine die.

Maddy summaryHB 3980 expands eligibility for state financial assistance to help fund levee projects, specifically adding cities and towns (municipalities) as qualifying recipients alongside existing groups like drainage districts and private entities. The bill requires that levee projects receiving assistance must substantially improve infrastructure and be essential for farm, industrial, or commercial land use in Oregon. It amends state law to include municipalities in the list of eligible applicants for loans or grants under the Oregon Infrastructure Finance Authority. The bill declares an emergency, making it effective immediately upon passage to address urgent flood protection needs.

Allows the State Forestry Department to enter into a lease agreement for management authority and responsibility for the Ochoco National Forest for no less than 15 years.

Appropriates moneys from the General Fund to the Oregon Department of Administrative Services for distribution to the City of Prineville for improvements to the 3rd Street corridor. Declares an emergency, effective July 1, 2025.

Provides that members of the Legislative Assembly and legislative branch employees who have a valid concealed handgun license have an affirmative defense to a charge of possessing a firearm within the Capitol, and may not be arrested or charged for the offense while in possession of the license.

] Voids noncompetition agreements between a licensed health care provider and another person, with specified exceptions. Applies to noncompetition agreements entered into before, on or after the effective date of the Act. Declares an emergency, effective on passage.

Directs the Oregon Department of Emergency Management to establish a program to issue grants to certain nonprofit organizations for security enhancements. Declares an emergency, effective on passage.

Establishes an income tax credit for volunteer firefighters. 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.