Oregon · 2025 Regular Session · Bill
SB 764: Relating to estate tax treatment of family-owned business; 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 764 is a bill introduced in the Oregon Senate on January 13, 2025. According to its official title, it concerns: Relating to estate tax treatment of family-owned business; prescribing an effective date. Primary sponsor: Todd Nash (Republican), Bobby Levy (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.
Allows an exclusion from a taxable estate for the value of the interest in a family-owned business. Applies to estates of decedents who die on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
Sponsors
Sponsors by party (alphabetical): Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Todd Nash | Primary sponsor | Republican | Senate | 29 |
| Bobby Levy | Primary sponsor | Republican | House | 58 |
“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.
- Public Hearing held.
- Referred to Finance and Revenue.
- Introduction and first reading. Referred to President's desk.