l9n/ Oregon

2026 Regular Session

House Bill 4052

Creates a corporate excise tax credit for each of the first three years that a bank does business in this state.

Became law as Chapter 36, Oregon Laws 2026, signed March 31, 2026, 57 days after it was filed. In force from June 5, 2026.

What it does

The synopsis the Legislative Assembly published with the bill.

Digest: The Act makes a new tax credit for new banks. (Flesch Readability Score: 100.0). Creates a corporate excise tax credit for each of the first three years that a bank does business in this state. Applies only to Oregon-chartered banks that commence business in tax years beginning on or after January 1, 2027, and before January 1, 2033. 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

8 co-sponsors

Anna Scharf, Bobby Levy, Nathan Sosa, David Gomberg, Ben Bowman, Zach Hudson, John Lively, Jules Walters

In the Senate

    3 co-sponsors

    Christine Drazan, David Brock Smith, Mark Meek

    Its course

    February 2 to April 6, 2026, 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 action18 actions on 15 days

    In the House of RepresentativesFeb 2 to Feb 2422 days

    Waiting for a committeeFeb 2 to Feb 20 days

    RevenueFeb 2 to Feb 1917 days

    In the SenateFeb 24 to Mar 48 days

    Waiting for a committeeFeb 24 to Feb 251 day

    Finance and RevenueFeb 25 to Mar 36 days

    With the GovernorMar 4 to Mar 3127 days

    Votes

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

    • House of Representatives, third reading52–0

      Passed · Feb 24 · 8 present

    • Senate, third reading30–0

      Passed · Mar 4

    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 2 – Feb 24

    1. Feb 2Introduced
    2. Sent to Revenue
    3. Feb 4Heard in Revenue
    4. Feb 18Heard in Revenue
    5. Feb 19Revenue recommended it
    6. Feb 20Read a second time
    7. Feb 24Passed the House of Representatives, 52 to 0

    In the Senate Feb 25 – Mar 4

    1. Feb 25Arrived in the Senate
    2. Sent to Finance and Revenue
    3. Mar 2Heard in Finance and Revenue
    4. Mar 3Finance and Revenue recommended it
    5. Read a second time
    6. Mar 4Passed the Senate, 30 to 0

    To the Governor Mar 5 – Apr 6

    1. Mar 5Signed in the House of Representatives
    2. Mar 6Signed in the Senate
    3. Mar 31Signed by the Governor
    4. Apr 6Became chapter 36 of Oregon Laws 2026, in force from June 5, 2026
    All 18 actions, as published
    1. Feb 2First reading. Referred to Speaker's desk.House of Representatives
    2. Feb 2Referred to Revenue.House of Representatives
    3. Feb 4Public Hearing held.House of Representatives
    4. Feb 18Work Session held.House of Representatives
    5. Feb 19Recommendation: Do pass.House of Representatives
    6. Feb 20Second reading.House of Representatives
    7. Feb 23Carried over to February 24, 2026 Calendar by virtue of adjournment.House of Representatives
    8. Feb 24Third reading. Carried by Reschke. Passed.House of Representatives
    9. Feb 25First reading. Referred to President's desk.Senate
    10. Feb 25Referred to Finance and Revenue.Senate
    11. Mar 2Public Hearing and Work Session held.Senate
    12. Mar 3Recommendation: Do pass.Senate
    13. Mar 3Second reading.Senate
    14. Mar 4Third reading. Carried by Drazan. Passed.Senate
    15. Mar 5Speaker signed.House of Representatives
    16. Mar 6President signed.Senate
    17. Mar 31Governor signed.House of Representatives
    18. Apr 6Chapter 36, (2026 Laws): Effective date June 5, 2026.House of Representatives