HB 3856 Increased income tax with credit option

The Act makes a new personal income tax to fund ODFW and makes a new tax credit for people who buy fishing and hunting permits. Creates a new personal income tax and credit; directs net receipts to the State Wildlife Fund. Specifies new income tax (WPIT) rate of .0013 applied against a taxpayer’s Oregon taxable income as determined under Oregon’s…

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HB 2525 Quintuple increase to political tax credit

Expand the Oregon Political Tax Credit from $100 (joint filers) to $500 and from $50 individuals to $250 (single tax filers). Applies to 2025. A taxpayer may not claim the credit allowed under this section if the taxpayer has federal adjusted gross income in excess of $150,000 on a joint return or $75,000 on any other type of return. Expands…

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