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House Revenue Committee hears hours of testimony on SB 1507 A to disconnect parts of state tax code from federal HR 1
Summary
Witnesses at the Feb. 18 hearing sharply disagreed over SB 1507 A, a bill that would selectively "disconnect" Oregon from parts of the 2025 federal tax law (HR 1) while expanding the earned income tax credit. Supporters said the measure protects services and reclaims roughly $300 million; business groups warned it would hurt investment and cash flow.
Sen. Anthony Brodman, sponsor of SB 1507 A, opened the House committee's public hearing on Feb. 18 by calling the bill a "measured approach" to narrow Oregon's budget hole and to protect public services. Brodman said the A-version disconnects selected provisions of federal HR 1 — including narrow aspects of bonus depreciation, Qualified Small Business Stock (QSBS) treatment and a new vehicle loan interest exclusion — while expanding the state earned income tax credit (EITC) and creating a Grow Oregon Jobs Tax Credit.
"This is an absolutely critical affordability measure," Sen. Brodman said, arguing the proposal would reclaim a portion of the federal tax changes that he said make life more expensive for many Oregonians.
More than three dozen witnesses gave two-minute statements. Supporters — including For All Families Oregon; the Oregon Hunger Task Force; Oregon Food Bank; the Oregon Education Association; SEIU Local 503; AFT…
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