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Committee Hears Bill to Raise Oregon Crop Donation Tax Credit to 25%
Summary
A public hearing on House Bill 2,732 focused on increasing Oregon's crop donation tax credit from 15% to 25% beginning in tax year 2025 and extending the credit's sunset. Supporters said the change would boost donations to food banks as hunger and food-bank demand rise.
The Oregon House Committee on Revenue opened a public hearing April 3 on House Bill 2,732, which would extend the crop-donation income tax credit and raise the credit from 15% to 25% of the wholesale value of crops donated by growers, effective for tax year 2025.
Proponents told the committee the increase would encourage farmers, ranchers and other food producers to donate more fresh produce to local food banks and help address rising food insecurity across the state. Representative Court Boyce (R-District 1) said inflation and higher operating costs have strained families and local food providers, and that raising the credit would offset packaging and transportation expenses tied to donations. "Increasing the…
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