Oregon legislation · 2025 Legislative Measures
Oregon SB63: Relating to personal income tax rates; prescribing an effective date.
Status: Chaptered, April 6, 2026
Digest: The Act imposes a flat rate income tax. (Flesch Readability Score: 66.1). Imposes personal income tax at flat rate if a taxpayer has an adjusted gross income below threshold amount. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
What the bill says
A bill FOR AN ACT Relating to personal income tax rates; creating new provisions; amending ORS 316.037, 316.122 and 316.362; and prescribing an effective date.
From the introduced text, January 10, 2025:
A BILL FOR AN ACT Relating to personal income tax rates; creating new provisions; amending ORS 316.037, 316.122 and 316.362; and prescribing an effective date. Be It Enacted by the People of the State of Oregon: SECTION 1. ORS 316.037 is amended to read: 316.037. (1)(a) Except as provided in subsection (2) of this section, a tax is imposed for each taxable year on the entire taxable income of every resident of this state. The amount of the tax shall be determined in accordance with the following table: _______________________________________________________________________________________ If taxable income is: The tax is: Not over $2,000 4.75% of taxable income Over $2,000 but not over $5,000 $95 plus 6.75% of the excess over $2,000 Over $5,000 but not over $125,000 $298 plus 8.75% of the excess over $5,000 Over $125,000 $10,798 plus 9.9% of the excess over $125,000 _______________________________________________________________________________________ matter [italic and bracketed] is existing law to be omitted. New sections are in boldfaced type. LC 3017 SB (b) For tax years beginning in each calendar year, the Department of Revenue shall adopt a table that shall apply in lieu of the table contained in paragraph (a) of this subsection, as follows: (A) Except as provided in subparagraph (D) of this paragraph, the minimum and maximum dollar amounts for each bracket for which a tax is imposed …
Sponsors
- Cedric Hayden (R, 6) · primary sponsor
Latest actions
- : Chapter 56, (2026 Laws): Effective date January 1, 2027.
- : Governor signed.
- : President signed.
- : Speaker signed.
- : Third reading. Carried by Hayden. Passed.
- : Carried over to 03-03 by unanimous consent.
- : Second reading.
- : Recommendation: Do pass the A-Eng. bill.
- : Work Session held.
- : Public Hearing held.
Subjects: Finance and Revenue
Common questions
- What is SB63?
- SB63 is a bill in the Oregon Legislature (2025 Legislative Measures): Relating to personal income tax rates; prescribing an effective date.
- What does SB63 do?
- In its own words: A bill FOR AN ACT Relating to personal income tax rates; creating new provisions; amending ORS 316.037, 316.122 and 316.362; and prescribing an effective date.
- What is the status of SB63?
- Chaptered as of April 6, 2026. Latest action: Chapter 56, (2026 Laws): Effective date January 1, 2027. (April 6, 2026).
- Who sponsored SB63?
- Cedric Hayden (R, 6).
- Where is the official record for SB63?
- On the Oregon Legislature website: https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/63
Source: official Oregon record. Tracked by Delilah, AI for legislation across all 50 states and Congress.