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HB 4052

Oregon - Session 2026R1

House introduced 2026-02-23
Bill Details

Title: Creates a corporate excise tax credit for each of the first three years that a bank does business in this state.

Summary

The Act makes a new tax credit for new banks. (Flesch Readability Score: 100.0). Creates a corporate excise tax credit for each of the first three years that a bank does business in this state. Applies only to Oregon-chartered banks that commence business in tax years beginning on or after January 1, 2027, and before January 1, 2033. Takes effect on the 91st day following adjournment sine die.

Sponsor
E. Werner Reschke
Official Source Back to Bills
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Actions Timeline
Date Event Detail
2026-02-02 Introduced Bill introduced
2026-02-23 Status introduced
2026-02-23 Latest Action Carried over to February 24, 2026 Calendar by virtue of adjournment.
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