2025 Regular SessionOregon Legislature

SB694: Relating to children; prescribing an effective date.

Legislative Summary

The Act increases the amount and income limits of the child tax credit. (Flesch Readability Score: 69.9). Modifies the child tax credit by increasing the maximum amount of the credit and increasing income limits. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.

Demographic Impact

Overall analysis of equity impact

85% Positive
High ConfidenceView detailed demographic breakdown ↓

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Bill History

1/13/2025
Introduction and first reading. Referred to President's desk.
Senate
1/17/2025
Referred to Early Childhood and Behavioral Health, then Finance and Revenue, then Tax Expenditures.
Senate
2/25/2025
Public Hearing held.
Senate
3/13/2025
Work Session held.
Senate
3/18/2025
Recommendation: Do pass and be referred to Revenue and Tax Expenditures by prior reference.
Senate
3/18/2025
Referral to Revenue rescinded by order of President. Referred to Tax Expenditures by prior then to Ways and Means by order of the President.
Senate

Roll Call Votes

Senate Committee Do pass and refer to Finance and Revenue by prior reference
3/13/2025
5
Yea
0
Nay
0
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Introduced(1/13/2025)
Chamber
Senate
Committee
Tax Expenditures(Senate)

Documents

Introduced
Bill Text1/1/197030.1 KB
Analysis
Analysis1/1/1970119.7 KB
Analysis
Analysis1/1/1970317.0 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/1/1970669.2 KB
Fiscal Note/Analysis
Fiscal Note/Analysis1/1/1970645.3 KB
Analysis
Analysis3/13/2025152.8 KB
Analysis
Analysis3/11/2025152.8 KB
Analysis
Analysis2/25/2025153.1 KB
Analysis
Analysis2/25/202546.2 KB