PRIA Logo™
OregonSB 15102026 Regular SessionSenateWALLET

Relating to taxation; and prescribing an effective date.

Sponsored By: Sponsor information unavailable

Signed by Governor

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

8 provisions identified: 4 benefits, 0 costs, 4 mixed.

Family care tax credit continues

Qualifying taxpayers can keep claiming Oregon's working family household and dependent care tax credit. The law removes its scheduled January 1, 2026, expiration. The credit's existing eligibility rules still apply. Related amendments apply to tax years beginning January 1, 2020, onward, with the 2021 amendments applying beginning January 1, 2022.

Business tax option lasts two years longer

Oregon extends its optional pass-through business tax and related owner credit from tax years beginning before 2026 to before 2028. It applies starting with tax years beginning January 1, 2022. All owners must be individuals subject to Oregon personal income tax, or pass-through businesses wholly owned by those individuals. Businesses must elect annually by their return deadline, including extensions. Rates are 9% on the first $250,000 of combined owner shares and 9.9% above that amount. Businesses can apply overpayments made before January 31, 2028, to the next tax year's estimated tax, limited to the amount overpaid.

Commercial film projects gain reimbursement access

Beginning with fiscal years starting July 1, 2026, qualifying commercial projects can seek Oregon production fund reimbursements. General claims require at least $1 million in Oregon expenses. Local filmmaker or local media services claims require at least $75,000 in Oregon expenses and 80% of payroll paid to Oregon residents. Existing rates allow up to 20% of Oregon-work salaries and benefits, plus 25% of other Oregon expenses. Reimbursements require available funds and verification; local filmmaker payments are capped at $1 million, and each project's total cannot exceed 50% of the fund's receipts for that two-year budget period.

Cargo container tax exemption lasts longer

Cargo containers meeting Oregon's legal definition remain exempt from property tax for tax years beginning before July 1, 2032. The law extends the prior July 1, 2026, end date by six years. The exemption continues to cover property tax years beginning on or after July 1, 1974.

Federal tax agents face registration fees

Federally enrolled tax agents without an Oregon preparer or consultant license must register before providing paid personal tax return services. The state board must register agents who apply and pay the fee, without requiring board exams or continuing education. Registered agents can represent taxpayers before Oregon's revenue department to the same extent as licensed tax consultants. The board can deny, suspend, revoke, or refuse to renew registrations on applicable disciplinary grounds. Issuing and renewal fees require advance state approval and cannot exceed authorized program costs; the law states no dollar amount.

Federal tax agents gain licensing exemptions

Federally enrolled tax agents in good standing with the U.S. Treasury are exempt from Oregon tax practitioner licensing. Their employees are also exempt while working within their jobs under the agent's supervision. Qualifying enrolled agents can supervise Oregon tax preparers, subject to board limits, and certify supervised work experience for consultant applicants. Work certifications must state the period of supervised employment. The law also removes the special consultant licensing route based on federal enrollment and Oregon law and conduct exams.

Film travel rebates require non-Portland shoots

Beginning with fiscal years starting July 1, 2026, film travel rebates cover only days shot in Oregon entirely outside the Portland metropolitan zone. That zone extends 30 miles from the center of the Burnside Bridge. The rebate pays $200 per employee per eligible day, capped at $10,000 daily and $50,000 per film. Alternatively, productions can receive a 10% reimbursement increase when at least six days and more than half of shoot days occur outside that zone in Oregon. Both options require available funds and verification.

Corporations get revised foreign income tax rules

Oregon treats qualifying income from controlled foreign corporations as dividends for corporate income tax. Corporations must add back the related federal deduction but can subtract 80% of qualifying income included in federal taxable income. That subtraction is excluded from the sales factor used to divide taxable income among states. Foreign-source dividends covered by federal tax code Section 245A do not qualify for this subtraction.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 91 • No: 1

House vote • 3/4/2026

Third reading. Carried by Nathanson. Passed.

Yes: 52 • No: 0

House vote • 3/2/2026

Revenue: Heard and Reported Out

Yes: 6 • No: 0

Senate vote • 2/24/2026

Third reading. Carried by Broadman, McLane. Passed.

Yes: 28 • No: 1

Senate vote • 2/16/2026

Finance and Revenue: Heard and Reported Out with Amendments

Yes: 5 • No: 0

Actions Timeline

  1. Effective date, June 5, 2026.

    4/6/2026Senate

  2. Chapter 75, 2026 Laws.

    4/6/2026Senate

  3. Governor signed.

    3/31/2026Senate

  4. Speaker signed.

    3/5/2026House

  5. President signed.

    3/5/2026Senate

  6. Third reading. Carried by Nathanson. Passed.

    3/4/2026House

  7. Second reading.

    3/3/2026House

  8. Recommendation: Do pass.

    3/3/2026House

  9. Public Hearing and Work Session held.

    3/2/2026House

  10. Referred to Revenue.

    2/24/2026House

  11. First reading. Referred to Speaker's desk.

    2/24/2026House

  12. Third reading. Carried by Broadman, McLane. Passed.

    2/24/2026Senate

  13. Carried over to 02-24 by unanimous consent.

    2/23/2026Senate

  14. Second reading.

    2/20/2026Senate

  15. Recommendation: Do pass with amendments. (Printed A-Eng.)

    2/19/2026Senate

  16. Work Session held.

    2/16/2026Senate

  17. Public Hearing held.

    2/11/2026Senate

  18. Referred to Finance and Revenue.

    2/2/2026Senate

  19. Introduction and first reading. Referred to President's desk.

    2/2/2026Senate

Bill Text

  • SFR Amendment -3 (Proposed)

    2/16/2026

    PDF

  • SFR Amendment -4 (Adopted)

    2/16/2026

    PDF

  • SFR Amendment -1 (Proposed)

    2/11/2026

    PDF

  • SFR Amendment -2 (Proposed)

    2/11/2026

    PDF

  • A-Engrossed

    PDF

  • Enrolled

    PDF

  • Introduced

    PDF

  • Senate Amendments to Introduced

    PDF

Related Bills

Back to State Legislation