Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee advances bill to expand Oregon earned-income tax credit, adds amendment raising credit rates
Summary
The House Committee on Revenue voted to move House Bill 2,958, with a dash 2 amendment that extends the earned-income tax credit (EITC) sunset six years and raises Oregon's credit percentages; committee members noted the bill will face fiscal scrutiny in later budget stages.
The House Committee on Revenue on May 22 voted to send House Bill 2,958 to the floor with a due-pass recommendation after adopting the dash 2 amendment, which extends the Earned Income Tax Credit (EITC) sunset six years and increases Oregon’s EITC percentages relative to the federal credit.
The amendment approved in committee raises Oregon’s EITC percentage from 9% to 20% of the federal credit generally, and from 12% to 25% of the federal credit for filers with a dependent under age 3. The amendment also removes prior language that would have expanded…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
