Oregon · 2025 Regular Session · Bill
SB 407: Relating to decreases in capital gains tax rates; prescribing an effective date.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 407 is a bill introduced in the Oregon Senate on January 13, 2025. According to its official title, it concerns: Relating to decreases in capital gains tax rates; prescribing an effective date. Primary sponsor: Fred Girod (Republican). Most recent recorded action (June 28, 2025): In committee upon adjournment.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Reduces the rate of tax on capital gains of personal income and corporate income and excise taxpayers. Applies to tax years beginning on or after January 1, 2025. Takes effect on the 91st day following adjournment sine die. .
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Fred Girod | Primary sponsor | Republican | Senate | 9 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- In committee upon adjournment.
- Referred to Finance and Revenue.
- Introduction and first reading. Referred to President's desk.