Relating to connection to federal tax law; prescribing an effective date.

Summary

The bill updates dozens of Oregon statutes—covering 529 savings, public employee pensions, tax administration, and unemployment benefits—to reference the federal Internal Revenue Code as it exists on December 31, 2023 (or 2025 where noted). It also defines key terms to match federal usage and establishes that the changes become law 91 days after the legislature adjourns sine die. The measure did not pass and was placed in committee.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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