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Committee hears testimony supporting 6-year extension of Oregon Earned Income Tax Credit
Summary
Legislative Revenue staff and multiple advocates testified in favor of extending Oregon's state Earned Income Tax Credit for six years; proponents urged consideration of further expansions to increase benefit levels and broaden eligibility, while the committee carried the item as a public hearing with no vote.
The Senate Committee on Finance and Revenue held a public hearing on March 17, 2025, on Senate Bill 121, a bill that would extend Oregon's state Earned Income Tax Credit (EITC) for six years with no policy changes.
Why it matters: The EITC is a refundable tax credit designed to increase the after‑tax income of low‑ and moderate‑income working families. Committee materials and witnesses emphasized both the credit's anti‑poverty effects and its fiscal cost; Legislative Revenue staff provided utilization and cost history and advocates described options to strengthen the credit.
Legislative summary and fiscal context: Kyle Easton of the Legislative Revenue Office summarized the bill as "the fourth and final of those credits that are up for their policy review" and said the committee was being asked to consider a six‑year extension "with no…
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