SB 440
Increases the exempt amount and the filing threshold for purposes of the corporate activity tax as applicable to homebuilding contracts.
| Status | In Senate Committee (SFR) |
| Sponsors | Dick Anderson (Republican) (Chief), David Brock Smith (Republican), Bruce Starr (Republican) |
| Fiscal impact | May have fiscal impact, but no statement yet issued |
| Revenue impact | May have revenue impact, but no statement yet issued |
Bill Text
This bill increases the corporate activity tax exempt amount and filing threshold for homebuilding contracts.
Sponsors#
Chief Sponsors: Dick Anderson
Overview#
Digest: The Act raises the exemption amount and the filing threshold for the CAT for home builders. (Flesch Readability Score: 68.9). Increases the exempt amount and the filing threshold for purposes of the corporate activity tax as applicable to homebuilding contracts. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.
Public Testimony
| Name | Organization | Position | Date |
|---|---|---|---|
| Daniel Hauser | Oregon Center for Public Policy | Oppose | 2025-03-02 |
| Jason Williams | Taxpayers Association of Oregon | Support | 2025-03-03 |
| Janet McKeehan | Central Point | Support | 2025-03-03 |
| Elaine Lavington | ROSEBURG | Support | 2025-03-03 |
| T. Oliver | Portland | Support | 2025-03-03 |
| David Wall | Newberg | Oppose | 2025-03-03 |
| Marcia Kelley | Oregon Womens Rights Coalition | Oppose | 2025-03-04 |
Legislative History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-13 | S | Introduction and first reading. Referred to President's desk. |
| 2025-01-17 | S | Referred to Finance and Revenue. |
| 2025-03-03 | S | Public Hearing held. |
| 2025-06-27 | S | In committee upon adjournment. |