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Oregon · 2025 Regular Session · Bill

SB 419: Relating to taxation of multinational corporations; prescribing an effective date.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 419 is a bill introduced in the Oregon Senate on January 13, 2025. According to its official title, it concerns: Relating to taxation of multinational corporations; prescribing an effective date. Primary sponsor: Lisa Reynolds (Democratic). 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.

Includes, for purposes of corporate excise tax, a corporation incorporated in the United States or a foreign country in the determination of unitary relationship among corporations. Establishes the Perinatal, Child and Maternal Health Fund to fund programs to support the health and well-being of parents and young children. Transfers an amount equal to the estimated increase in revenue attributable to the change in tax treatment of multinational taxpayers to the fund. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Lisa ReynoldsPrimary sponsorDemocraticSenate17

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. In committee upon adjournment.
  2. Referred to Early Childhood and Behavioral Health, then Finance and Revenue, then Ways and Means.
  3. Introduction and first reading. Referred to President's desk.

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source