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Senate committee adopts amendment to reshape estate tax filing threshold and sends bill to floor
Summary
The committee voted to adopt the dash‑3 amendment to Senate Bill 15 11, converting the current state estate tax threshold to a deduction and setting a $2.5 million filing threshold (effective 2027); a rival dash‑4 amendment failed before the committee moved the bill to the Senate floor with a due‑pass recommendation.
During a Feb. 16 work session, the Legislative Revenue Office briefed the Senate Committee on Finance and Revenue on two amendments to Senate Bill 15 11, both of which would change Oregon’s estate tax structure and filing threshold beginning Jan. 1, 2027. The dash‑3 amendment converts the current state tax threshold into a deduction, creates new tax tables with adjusted rates, sets a…
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