House Interim Committee On Revenue 08/27/2025 9:00 AM

House Committee on Revenue and Senate Finance & Revenue Committee (joint informational meeting) · August 27, 2025

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Call to order and meeting purpose

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Chair Nathanson opened the House Committee on Revenue informational meeting and identified the subject: the September economic and revenue forecast (presented in August).

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OEA updated the September economic and revenue forecast for Oregon, reporting a $621 million downward revision in revenues for the current forecast and an $888 million negative biennium impact attributed to federal tax law changes (HR 1), with officials warning of labor-market softness and uncertain longer-term effects.

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Transcript

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