HB 2632 Reinstates tax credit for reforestation

06/26/2021
HB 2632 VOTE: YES
Died In Committee

Status (overview) of bill: https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/HB2632
Committee assigned to bill: https://olis.oregonlegislature.gov/liz/2021R1/Committees/HREV/Overview


This bill reinstates tax credit for reforestation.

Fiscal Responsibility
A tax credit is allowed with a preliminary certificate is issued before December 31, 2027.

Local Control
Adds jobs to rural areas, and small trees absorb more carbon to grow, helping the environment agenda.

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