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House passes tax credit to reimburse employers hit by unemployment‑rate freeze

5048155 · June 20, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

House Bill 22 71 passed the Oregon House, creating a refundable credit of up to $5,000 for employers whose unemployment insurance tax rate in 2025 is at least three percentage points higher than in 2024, intended to help businesses caught by a prior policy freeze.

The Oregon House on June 20 passed House Bill 22 71, which creates a tax credit for employers affected by an earlier policy that effectively froze unemployment insurance tax rates.

Representative Wright, sponsor of the bill, said some small employers were caught by a tax‑rate freeze enacted in 2021 that prevented rate…

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