SB 1511A Adjusts estate taxes with increases

SB 1511 – Requires the Legislative Revenue Officer to study the estate tax. Directs the Legislative Revenue Officer to submit findings to the interim committees of the Legislative Assembly related to revenue not later than December 1, 2027. AMENDED BILL: • Estates less than $2.5 million do not owe tax • Estates at/over $3 million = 100% tax from table…

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SB 764 Exempts family business from estate tax

02/06/2025 VOTE:YES – Died In Committee Status (overview) of bill:https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB764 Committee assigned to bill:https://olis.oregonlegislature.gov/liz/2025R1/Committees/SFR/Overview Makes an interest in a family-owned business not taxed by the estate tax. Allows an exclusion from a taxable estate for the value of the interest in a family-owned business. Applies to estates of decedents who die on or after January 1, 2026. Takes effect on…

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SB 124 Increases Estate Tax exemption with inflation

02/06/2025 VOTE:YES – Died In Committee Status (overview) of bill:https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB124 Committee assigned to bill:https://olis.oregonlegislature.gov/liz/2025R1/Committees/SFR/Overview The Act makes a new exemption from Oregon estate tax.  Provides for an additional exemption from Oregon estate tax. Adjusts the amount of the exemption based on inflation. Applies to the estates of all decedents who die on or after January 1, 2026. Takes effect on…

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HB 2624 Increases estate tax exclusion

VOTE:YES
Died In Committee