Did not become law. It stopped in the Senate's Tax Expenditures Committee on June 27, 2025. The 2025 session has ended.
2025 Regular Session
Senate Bill 587
Creates Oregon corporate excise and income tax subtractions for amounts received in resolution of a civil action arising from wildfire.
What it does
The synopsis the Legislative Assembly published with the bill.
Digest: Exempts awards from and legal fees paid in wildfire suits from corporate excise and income tax. (Flesch Readability Score: 76.5). Creates Oregon corporate excise and income tax subtractions for amounts received in resolution of a civil action arising from wildfire. Creates Oregon corporate excise and income tax subtractions for wildfire-related legal fees paid by plaintiffs. Allows a taxpayer to amend a return to claim a refund for earliest tax year in which subtraction is allowed. Applies to declarations and executive orders issued on or after January 1, 2018, and before January 1, 2026, and to amounts received, losses incurred and legal fees paid in tax years beginning on or after January 1, 2018. 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
Sponsor
2 co-sponsors
In the House of Representatives
Sponsor
8 co-sponsors
Lucetta Elmer, David Gomberg, Kevin Mannix, Daniel Nguyen, Hoa Nguyen, Virgle Osborne, Anna Scharf, Boomer Wright
Its course
January 13 to June 27, 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 action8 actions on 7 days
In the SenateJan 13 to Jun 27 · stopped165 days
Waiting for a committeeJan 13 to Jan 174 days
Finance and RevenueJan 17 to Jun 2136 days
Tax ExpendituresJun 2 to Jun 27 · stopped25 days
Amendments
Each amendment offered, and what became of it.
Senate committee amendmentAdopted
Adopted Jun 2
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 – Jun 27
- Jan 13Introduced
- Jan 17Sent to Finance and Revenue
- Apr 7Heard in Finance and Revenue
- May 28Heard in Finance and Revenue
- Jun 2Finance and Revenue recommended it as amended, and that it go to Tax Expenditures
- Sent to Tax Expenditures
- Jun 10Heard in Tax Expenditures
- Jun 27Died when the session ended
All 8 actions, as published
- Jan 13Introduction and first reading. Referred to President's desk.Senate
- Jan 17Referred to Finance and Revenue.Senate
- Apr 7Public Hearing held.Senate
- May 28Work Session held.Senate
- Jun 2Recommendation: Do pass with amendments and be referred to Tax Expenditures. (Printed A-Eng.)Senate
- Jun 2Referred to Tax Expenditures by order of the President.Senate
- Jun 10Public Hearing held.Senate
- Jun 27In committee upon adjournment.Senate