Oregon legislation · 2025 Legislative Measures
Oregon HB3844: Relating to exemptions from estate tax; prescribing an effective date.
Status: Failed, June 27, 2025
Digest: The Act makes a new exemption against Oregon estate tax. (Flesch Readability Score: 61.3). Provides for an additional exemption against Oregon estate tax in order to account for inflation in the calculation of a taxable estate. Adjusts the amount of an exemption based on inflation. Allows an estate to file an amended return seeking a refund based on the operation of the exemption. Applies to the estates of all decedents who die on or after January 1, 2020. Takes effect on the 91st day following adjournment sine die.
What the bill says
A bill FOR AN ACT Relating to exemptions from estate tax; creating new provisions; amending ORS 118.010; and prescribing an effective date.
From the introduced text, February 26, 2025:
A BILL FOR AN ACT Relating to exemptions from estate tax; creating new provisions; amending ORS 118.010; and prescribing an effective date. Be It Enacted by the People of the State of Oregon: SECTION 1. Section 2 of this 2025 Act is added to and made a part of ORS 118.005 to 118.540. SECTION 2. (1) An additional exemption from estate tax shall be allowed under this section. (2) The Department of Revenue shall annually determine the exemption amount allowed under this section according to the cost-of-living adjustment for the calendar year. (3) The department shall make the determination under this section by: (a) Multiplying $1 million by the percentage, if any, by which the monthly averaged U.S. City Average Consumer Price Index for the 12 consecutive months ending August 31 of the prior calendar year exceeds the monthly averaged U.S. City Average Consumer Price Index for the 12 consecutive months ending August 31, 2025. (b) Subtracting $1 million from any positive amount determined under paragraph (a) of this subsection. The amount of the difference shall equal the additional exemption. (4) As used in this section, "U.S. City Average Consumer Price Index" means the U.S. City Average Consumer Price Index for All Urban Consumers (All Items), as published by the Bureau of Labor Statistics of the United States Department of …
Sponsors
- Vikki Breese-Iverson (R, 59) · primary sponsor
- Fred Girod (R, 9) · primary sponsor
- Mike McLane (R, 30) · primary sponsor
- Kevin Mannix (R, 21)
- Eric Reschke (R, 55)
Latest actions
- : In committee upon adjournment.
- : Referred to Revenue.
- : First reading. Referred to Speaker's desk.
Subjects: Revenue
Common questions
- What is HB3844?
- HB3844 is a bill in the Oregon Legislature (2025 Legislative Measures): Relating to exemptions from estate tax; prescribing an effective date.
- What does HB3844 do?
- In its own words: A bill FOR AN ACT Relating to exemptions from estate tax; creating new provisions; amending ORS 118.010; and prescribing an effective date.
- What is the status of HB3844?
- Failed as of June 27, 2025. Latest action: In committee upon adjournment. (June 27, 2025).
- Who sponsored HB3844?
- Vikki Breese-Iverson (R, 59), with 4 co-sponsors.
- Where is the official record for HB3844?
- On the Oregon Legislature website: https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/3844
Source: official Oregon record. Tracked by Delilah, AI for legislation across all 50 states and Congress.