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Committee adopts amendment exempting certain health-care receipts from corporate activities tax, forwards bill to tax-expenditures committee
Summary
Senate Bill 125’s dash 1 amendment was adopted; it exempts receipts from administration or dispensing of medications in non-hospital clinical settings and creates phased exclusions for certain reimbursed health-care receipts, and the committee referred the bill to the Joint Committee on Tax Expenditures with a due-pass recommendation.
The Senate Committee on Finance and Revenue on June 9 adopted the dash 1 amendment to Senate Bill 125, which changes how certain health-care receipts are treated under Oregon’s corporate activities tax (CAT), and referred the bill to the Joint Committee on Tax Expenditures (JTAC) with a due-pass recommendation.
Committee staff summarized that the measure creates a CAT…
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