Imposes a surtax on personal income tax liability.
- Introduced Jan 13, 2025
- In committee Jan 17, 2025
- Died
- Passed the Senate
- To the governor
- Became law
What it does
The legislature's own summary of the bill, or its official long title.
The Act imposes new income taxes and takes revenues that would go the Rainy Day Fund, to help the state plan for disasters. (Flesch Readability Score: 66.1). Imposes a surtax on personal income tax liability. Imposes an Oregon personal alternative minimum tax. Establishes the Resiliency Requirements Fund. Establishes the Shaky Day Fund. Directs the proceeds of the income tax surtax and the alternative minimum tax to…
Read the full title (136 words)
The Act imposes new income taxes and takes revenues that would go the Rainy Day Fund, to help the state plan for disasters. (Flesch Readability Score: 66.1). Imposes a surtax on personal income tax liability. Imposes an Oregon personal alternative minimum tax. Establishes the Resiliency Requirements Fund. Establishes the Shaky Day Fund. Directs the proceeds of the income tax surtax and the alternative minimum tax to be used for funding resiliency. Modifies the formula for transfer of a percentage of the General Fund ending balance to include a transfer to the Shaky Day Fund, in addition to the transfer to the Rainy Day Fund. First applies to tax years beginning on or after January 1, 2026, and to biennia beginning on or after July 1, 2025. Takes effect on the 91st day following adjournment sine die.
Every action
3 steps, oldest first, as the legislature records them.
- HouseFirst reading. Referred to Speaker's desk.
- CommitteeReferred to Emergency Management, General Government, and Veterans with subsequent referral to Revenue. · House Emergency Management, General Government, and Veterans
- HouseIn committee upon adjournment.
Roll calls
No recorded votes on this bill yet.
Sponsors
The member who introduced it.
-
Paul EvansD Primary sponsor · District 20
From Oregon's official records (api.oregonlegislature.gov), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.