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Public hearing on HB 4,014 pits labor and community groups against business coalitions over tax treatment of international income
Summary
House Bill 4,014 (dash-1) would create an 11-member task force to study taxation of international corporate income. Supporters, including labor unions and policy groups, said it could restore revenue and fairness; business groups warned it risks politicizing technical tax rules and harming competitiveness. The committee closed the hearing with LRO follow-ups scheduled.
The House Committee on Revenue held a public hearing on House Bill 4,014 with the dash-1 amendment, which would replace the bill's initial study language with a task force charged to examine how Oregon taxes international corporate income and deliver recommendations to the interim revenue committee by Dec. 1, 2026.
Senator Courtney Nureon Mislan opened testimony in support, saying the task force would examine whether global corporations pay their fair share and whether sophisticated tax-planning gives them advantages over small Oregon businesses. Delina Bingham of All Families Oregon and Anthony Castaneda of SEIU 503 urged creation of the task force as a way…
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