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Oregon bills · 2026 Regular Session

Oregon SB 1507

Relating to revenue; and prescribing an effective date.

  1. Introduced
  2. In committee
  3. Passed Senate
  4. Passed House
  5. To Governor
  6. Became law

Sponsors

No sponsor recorded.

Summary

Official abstract published by the Oregon legislature· summary

</b> </i>] [<i>Reduces taxes imposed under various tax programs, operative conditioned upon imposition of a statewide retail sales tax dedicated to specified purposes. Directs the Department of Revenue to estimate the revenue lost to tax reductions and to direct an equal amount of revenue to various purposes.</i>] <b>Updates the connection date to the federal Internal Revenue Code and other provisions of federal tax law. Increases the amount of the earned income tax credit allowed as a percentage of the federal earned income tax credit. Disconnects from, and requires addback of amounts for, federal provisions allowing deductions of personal auto loan interest and bonus depreciation and allowing exclusion of gain from small business stock. Applies to tax years beginning on or after January 1, 2026. Creates a personal income or corporate excise tax credit for a taxpayer creating new jobs in the tax year. Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032.</b> Takes effect on the 91st day following adjournment sine die.

Text versions

Roll-call votes

State vote data last updated Oct 14, 2026, 8:01 AM.

DateVoteResultYour legislators
Feb 26, 2026
House
Passed.passSet your home in Oregon to see
Feb 26, 2026
House
Motion to re-refer to Revenue failed.failSet your home in Oregon to see
Feb 19, 2026
House
Heard and Reported OutpassSet your home in Oregon to see
Feb 16, 2026
Senate
Rules suspended. Motion to substitute Minority Report for Committee Report failed.failSet your home in Oregon to see
Feb 16, 2026
Senate
Rules suspended. Third reading. Carried by Broadman. Passed.passSet your home in Oregon to see
Feb 9, 2026
Senate
Heard and Reported Out with AmendmentspassSet your home in Oregon to see

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