Oregon House Bill 3630
Session 2025R1
Relating to estate tax treatment of natural resource property; and prescribing an effective date.
Became Law
Signed by Governor on Jul 24, 2025
Origin Chamber
House
Type
Bill
Bill Number
3630
State
Oregon
Session
2025R1
Motion Text
Third reading. Carried by Mannix. Passed.
House Roll Call Votes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Absent
Yes
Yes
Absent
Yes
Yes
Yes
Yes
Yes
Yes
Absent
Yes
Yes
Yes
Absent
Absent
Yes
Absent
Yes
Yes
Yes
Sarah McDonald
Yes
Absent
Yes
Yes
Yes
Yes
Summary
Modifies exemption from the taxable estate for the value of natural resource property to accommodate interests owned through a trust or business entity. Adds detail to look-back and look-forward provisions as applicable to entities. Allows for replacement property. Applies to estates of decedents dying on or after July 1, 2025. Takes effect on the 91st day following adjournment sine die.
Sort by most recent
08/13/2025
House
Chapter 577, (2025 Laws): Effective date September 26, 2025.
07/24/2025
House
Governor signed.
06/27/2025
Senate
President signed.
06/27/2025
House
Speaker signed.
06/26/2025
Senate
Rules suspended. Third reading. Carried by Bonham. Passed.
06/26/2025
Senate
Second reading.
06/26/2025
Senate
Recommendation: Do pass.
06/25/2025
Senate
Work Session held.
06/20/2025
Senate
Public Hearing held.
06/19/2025
Senate
Referred to Rules.
06/19/2025
Senate
First reading. Referred to President's desk.
06/19/2025
House
Third reading. Carried by Mannix. Passed.
06/18/2025
House
Rules suspended. Carried over to June 19, 2025 Calendar.
06/17/2025
House
Second reading.
06/16/2025
House
Recommendation: Do pass.
06/13/2025
House
Work Session held.
04/03/2025
House
Public Hearing held.
02/21/2025
House
Referred to Revenue.
02/20/2025
House
First reading. Referred to Speaker's desk.
Sources
Record Created
Feb 20, 2025 3:00:54 AM
Record Updated
Aug 13, 2025 9:06:14 PM