l9n/ Oregon

2025 Regular Session

House Bill 3630

Modifies exemption from the taxable estate for the value of natural resource property to accommodate interests owned through a trust or business entity.

Became law as Chapter 577, Oregon Laws 2025, signed July 24, 2025, 154 days after it was filed. In force from September 26, 2025.

What it does

The synopsis the Legislative Assembly published with the bill.

Digest: The Act would make it so estates would not pay estate tax for farm, forestry or fishing interests that are owned by trusts and businesses. (Flesch Readability Score: 63.0). Modifies exemption from the taxable estate for the value of natural resource property to accommodate interests owned through a trust or business entity. Adds detail to look-back and look-forward provisions as applicable to entities. Allows for replacement property. Applies to estates of decedents dying on or after July 1, 2025. Takes effect on the 91st day following adjournment sine die.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

6 co-sponsors

Bobby Levy, E. Werner Reschke, Ed Diehl, Darin Harbick, Boomer Wright, Rick Lewis

In the Senate

    3 co-sponsors

    David Brock Smith, Cedric Hayden, Bruce Starr

    Its course

    February 20 to August 13, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action19 actions on 14 days

    In the House of RepresentativesFeb 20 to Jun 19119 days

    Waiting for a committeeFeb 20 to Feb 211 day

    RevenueFeb 21 to Jun 16115 days

    In the SenateJun 19 to Jun 267 days

    Waiting for a committeeJun 19 to Jun 190 days

    RulesJun 19 to Jun 267 days

    With the GovernorJun 26 to Jul 2428 days

    Votes

    Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

    • House of Representatives, third reading53–0

      Passed · Jun 19 · 7 present

    • Senate, third reading19–10

      Passed · Jun 26 · 1 present

    Text

    Each version as the Legislative Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

    In the House of Representatives Feb 20 – Jun 19

    1. Feb 20Introduced
    2. Feb 21Sent to Revenue
    3. Apr 3Heard in Revenue
    4. Jun 13Heard in Revenue
    5. Jun 16Revenue recommended it
    6. Jun 17Read a second time
    7. Jun 19Passed the House of Representatives, 53 to 0

    In the Senate Jun 19 – Jun 26

    1. Jun 19Arrived in the Senate
    2. Sent to Rules
    3. Jun 20Heard in Rules
    4. Jun 25Heard in Rules
    5. Jun 26Rules recommended it
    6. Read a second time
    7. Passed the Senate, 19 to 10

    To the Governor Jun 27 – Aug 13

    1. Jun 27Signed in the House of Representatives
    2. Signed in the Senate
    3. Jul 24Signed by the Governor
    4. Aug 13Became chapter 577 of Oregon Laws 2025, in force from September 26, 2025
    All 19 actions, as published
    1. Feb 20First reading. Referred to Speaker's desk.House of Representatives
    2. Feb 21Referred to Revenue.House of Representatives
    3. Apr 3Public Hearing held.House of Representatives
    4. Jun 13Work Session held.House of Representatives
    5. Jun 16Recommendation: Do pass.House of Representatives
    6. Jun 17Second reading.House of Representatives
    7. Jun 18Rules suspended. Carried over to June 19, 2025 Calendar.House of Representatives
    8. Jun 19Third reading. Carried by Mannix. Passed.House of Representatives
    9. Jun 19First reading. Referred to President's desk.Senate
    10. Jun 19Referred to Rules.Senate
    11. Jun 20Public Hearing held.Senate
    12. Jun 25Work Session held.Senate
    13. Jun 26Recommendation: Do pass.Senate
    14. Jun 26Second reading.Senate
    15. Jun 26Rules suspended. Third reading. Carried by Bonham. Passed.Senate
    16. Jun 27Speaker signed.House of Representatives
    17. Jun 27President signed.Senate
    18. Jul 24Governor signed.House of Representatives
    19. Aug 13Chapter 577, (2025 Laws): Effective date September 26, 2025.House of Representatives