Digest: The Act makes a new exemption against Oregon estate tax. (Flesch Readability Score: 61.3).
Provides for an additional exemption against Oregon estate tax. Phases out the availability of the exemption based on the size of the estate. Applies to the estates of all decedents who die on or after January 1, 2026.
Takes effect on the 91st day following adjournment sine die.

Statutes affected:
Introduced: 118.005, 118.010