Ore. State Legislature: Senate Republicans Protect Farming, Fishing, Forestry Families From Burdensome Estate Tax
June 22, 2023
June 22, 2023
SALEM, Oregon, June 22 -- The Oregon State Legislature issued the following news release on June 21, 2023:
Yesterday, the Oregon Senate passed Senate Bill 498 A, a bill making Oregon's estate tax more workable for multigenerational farms, fishing businesses, and family forestlands. It allows up to $15 million of farm, forest, and fishing property to be excluded from the value of estates that pay the estate tax.
"This is a major issue for Oregon's natural resource f . . .
Yesterday, the Oregon Senate passed Senate Bill 498 A, a bill making Oregon's estate tax more workable for multigenerational farms, fishing businesses, and family forestlands. It allows up to $15 million of farm, forest, and fishing property to be excluded from the value of estates that pay the estate tax.
"This is a major issue for Oregon's natural resource f . . .