HB 2177: Cuts Corporate Activities Tax.

House Bill 2177 seeks to repeal the CAT
By Taxpayers Association of Oregon
OregonWatchdog.com

Bill Watch: Oregon House Bill (HB2177) has been introduced to increase the exempt amount and the filing threshold for purposes of the corporate activity tax.

The summary of the House Bill (HB2177) reads: “Raises the exemption and filing thresholds for the CAT. Starts with the tax year 2026. Becomes law 91 days from sine die. (Flesch Readability Score: 72.4). Increases the exempt amount and the filing threshold for purposes of the corporate activity tax. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.”

The bill would raise the taxable commercial activity from $1 million to $5 Million

The bill is sponsored by Representative Jeff Helfrich ( R)