2017 Regular Session
|At the request of:|
|Chief Sponsors:||Senator Hansell, Representative Barreto|
|Regular Sponsors:||(Presession Filed)|
|Bill Title:||Relating to estate tax; prescribing an effective date.|
For purposes of estate tax, modifies definition of Oregon taxable estate to exclude basic exclusion amount applicable to federal estate.
Imposes tax at rate of 10 percent of Oregon taxable estate. Applies to estates of decedents dying on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In Senate Committee|
|Current Committee:||Senate Committee On Finance and Revenue|