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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
House Bill 2039
Sponsored by Representatives WRIGHT, LEVY B, Senator THATCHER, Representative MANNIX; Representatives
DIEHL, ELMER, JAVADI, LEWIS, OSBORNE, OWENS, SCHARF, YUNKER (Presession filed.)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced.The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: Raises the exemption and filing thresholds for the CAT tax. Starts with the tax year
2026. Becomes law 91 days from sine die.(Flesch Readability Score: 68.9).
Increases the exempt amount and the filing threshold for purposes of the corporate activity tax.
Applies to tax years beginning on or after January 1, 2026.
Takes effect on the 91st day following adjournment sine die.
A BILL FOR AN ACT
Relating to exempt amount under corporate activity tax; creating new provisions; amending ORS
317A.125 and 317A.137; and prescribing an effective date.
Be It Enacted by the People of the State of Oregon:
SECTION 1. ORS 317A.125 is amended to read:
317A.125. (1) The corporate activity tax imposed under ORS 317A.116 for each tax year shall
equal $250 plus the product of the taxpayer’s taxable commercial activity in excess of [$1 million]
$10 million for the tax year multiplied by 0.57 percent.
(2) A tax is not owed under this section if the person’s taxable commercial activity does not
exceed [$1 million] $10 million.
SECTION 2. ORS 317A.137 is amended to read:
317A.137. (1) For purposes of the corporate activity tax imposed under ORS 317A.116, every
person doing business in this state with commercial activity for the tax year in excess of [$1
million] $10 million shall file an annual return not later than the 15th day of the fourth month fol-
lowing the end of the tax year. If the 15th day of the fourth month falls on a Saturday, Sunday or
legal holiday, including any legal holiday in the District of Columbia, the return is due on the next
business day following the Saturday, Sunday or legal holiday. The return must be filed with the
Department of Revenue in a form prescribed by the department.
(2) The corporate activity tax imposed under ORS 317A.116 is due and estimated tax payments
for the previous quarter are payable to the department on or before the last day of the 4th, 7th and
10th months of the tax year and of the first month immediately following the end of the tax year.
(3) The department may by rule extend the time for making any return. If the time for filing a
return is extended, interest on any unpaid tax at the rate established under ORS 305.220 from the
time the return was originally required to be filed to the time of payment, shall be added and paid.
SECTION 3.The amendments to ORS 317A.125 and 317A.137 by sections 1 and 2 of this
2025 Act apply to tax years beginning on or after January 1, 2026.
SECTION 4.This 2025 Act takes effect on the 91st day after the date on which the 2025
regular session of the Eighty-third Legislative Assembly adjourns sine die.
NOTE:Matter in boldfaced type in an amended section is new; matter [italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 142 HB2039
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