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State Government / Oregon / Legislation / HB 4052

HB 4052Session 2026R1HouseBecame law

Relating to a tax credit for de novo banks; and prescribing an effective date.

Creates a corporate excise tax credit for each of the first three years that a bank does business in this state. Applies only to Oregon-chartered banks that commence business in tax years beginning on or after January 1, 2027, and before January 1, 2033. Takes effect on the 91st day following adjournment sine die.

Latest development · Apr 6, 2026

Chapter 36, (2026 Laws): Effective date June 5, 2026.

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Source record ↗
Session
2026R1
Introduced
Feb 2, 2026
Latest passage
Mar 6, 2026
TopicsSponsorsActionsDiscussion

Topics and classification

Civixly topics

Budget & TaxesBusiness & Economy

Document type

Bill

Sponsors

Primary sponsors are listed before cosponsors and other sponsoring entities.

Primary sponsorE. Werner Reschke
Primary sponsorPam Marsh
cosponsorAnna Scharf
cosponsorBen Bowman
cosponsorBobby Levy
cosponsorChristine Drazan
cosponsorDavid Brock Smith
cosponsorDavid Gomberg
cosponsorJohn Lively
cosponsorJules Walters
cosponsorMark Meek
cosponsorNathan Sosa
cosponsorZach Hudson

Action timeline

Newest action first. Action language is supplied by the state source.

View full action timeline18 actions⌄
  1. Apr 6, 2026

    Chapter 36, (2026 Laws): Effective date June 5, 2026.

    House
  2. Mar 31, 2026

    Governor signed.

    Executive SignatureHouse
  3. Mar 6, 2026

    President signed.

    PassageSenate
  4. Mar 5, 2026

    Speaker signed.

    PassageHouse
  5. Mar 4, 2026

    Third reading. Carried by Drazan. Passed.

    PassageReading 3Senate
  6. Mar 3, 2026

    Second reading.

    Reading 2Senate
  7. Mar 3, 2026

    Recommendation: Do pass.

    Committee Passage FavorableSenate
  8. Mar 2, 2026

    Public Hearing and Work Session held.

    Senate
  9. Feb 25, 2026

    Referred to Finance and Revenue.

    Referral CommitteeSenate
  10. Feb 25, 2026

    First reading. Referred to President's desk.

    IntroductionReading 1Referral CommitteeSenate
  11. Feb 25, 2026

    Third reading. Carried by Reschke. Passed.

    PassageReading 3House
  12. Feb 24, 2026

    Carried over to February 24, 2026 Calendar by virtue of adjournment.

    House
  13. Feb 20, 2026

    Second reading.

    Reading 2House
  14. Feb 19, 2026

    Recommendation: Do pass.

    Committee Passage FavorableHouse
  15. Feb 18, 2026

    Work Session held.

    House
  16. Feb 4, 2026

    Public Hearing held.

    House
  17. Feb 2, 2026

    Referred to Revenue.

    Referral CommitteeHouse
  18. Feb 2, 2026

    First reading. Referred to Speaker's desk.

    IntroductionReading 1Referral CommitteeHouse

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State legislative data provided by Open States and linked legislature sources when available.

Civixly tracks state bill actions, passage dates, and sponsors. Member-level state roll-call histories are not included.

Source data last updated Apr 6, 2026.