Oregon House bill in Session 2026R1.
Status: introduced. Latest action: February 23, 2026.
Creates a corporate excise tax credit for each of the first three years that a bank does business in this state.
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.
| 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. |