l9n/ Oregon

2025 Regular Session

Senate Bill 485

Modifies the exemption from taxable estate for the value of natural resource property as applicable to forestland.

Became law as Chapter 595, Oregon Laws 2025, signed July 24, 2025, 192 days after it was filed. In force from September 26, 2025.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Digest: The Act would expand the conditions under which small forestlands are exempt from estate tax. (Flesch Readability Score: 61.8).</b> [<i>Digest: The Act would repeal the estate tax. (Flesch Readability Score: 90.9).</i>] [<i>Provides that the Oregon estate tax is imposed only on the estates of decedents dying on or before January 1, 2025.</i>] <b>Modifies the exemption from taxable estate for the value of natural resource property as applicable to forestland. Limits the exemption to small forestland owners and allows an exemption based on active management appropriate for the current phase of the forest management cycle. Applies to estates of decedents dying on or after January 1, 2026.</b> 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 Senate

1 co-sponsor

Cedric Hayden

In the House of Representatives

6 co-sponsors

Bobby Levy, E. Werner Reschke, Anna Scharf, Ed Diehl, Kevin Mannix, Darin Harbick

Its course

January 13 to August 8, 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 action21 actions on 18 days

In the SenateJan 13 to May 20127 days

Waiting for a committeeJan 13 to Jan 174 days

Finance and RevenueJan 17 to May 16119 days

In the House of RepresentativesMay 20 to Jun 1930 days

Waiting for a committeeMay 20 to May 222 days

RevenueMay 22 to Jun 1625 days

With the GovernorJun 19 to Jul 2435 days

Votes

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

  • Senate, third reading29–0

    Passed · May 20 · 1 present

  • House of Representatives, third reading52–0

    Passed · Jun 19 · 8 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted May 16

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 Senate Jan 13 – May 20

  1. Jan 13Introduced
  2. Jan 17Sent to Finance and Revenue
  3. May 7Heard in Finance and Revenue
  4. May 12Heard in Finance and Revenue
  5. May 16Finance and Revenue recommended it as amended
  6. May 19Read a second time
  7. May 20Passed the Senate, 29 to 0

In the House of Representatives May 21 – Jun 19

  1. May 21Arrived in the House of Representatives
  2. May 22Sent to Revenue
  3. Jun 4Heard 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, 52 to 0

To the Governor Jun 20 – Aug 8

  1. Jun 20Signed in the Senate
  2. Signed in the House of Representatives
  3. Jul 24Signed by the Governor
  4. Aug 8Became chapter 595 of Oregon Laws 2025
  5. In force from September 26, 2025
All 21 actions, as published
  1. Jan 13Introduction and first reading. Referred to President's desk.Senate
  2. Jan 17Referred to Finance and Revenue.Senate
  3. May 7Public Hearing held.Senate
  4. May 12Work Session held.Senate
  5. May 16Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  6. May 19Second reading.Senate
  7. May 20Third reading. Carried by Smith DB. Passed.Senate
  8. May 21First reading. Referred to Speaker's desk.House of Representatives
  9. May 22Referred to Revenue.House of Representatives
  10. Jun 4Public Hearing held.House of Representatives
  11. Jun 13Work Session held.House of Representatives
  12. Jun 16Recommendation: Do pass.House of Representatives
  13. Jun 17Second reading.House of Representatives
  14. Jun 18Rules suspended. Carried over to June 19, 2025 Calendar.House of Representatives
  15. Jun 19Potential conflict(s) of interest declared by Edwards.House of Representatives
  16. Jun 19Third reading. Carried by Osborne. Passed.House of Representatives
  17. Jun 20President signed.Senate
  18. Jun 20Speaker signed.House of Representatives
  19. Jul 24Governor signed.Senate
  20. Aug 8Chapter 595, 2025 Laws.Senate
  21. Aug 8Effective date, September 26, 2025.Senate