In CommitteePublic Hearing 02/15/2023 3:00pm HR A
Status (overview) of bill:https://olis.oregonlegislature.gov/liz/2023R1/Measures/Overview/SB127
Committee assigned to bill:https://olis.oregonlegislature.gov/liz/2023R1/Committees/SFR/Overview
This bill raises the Corporate Access Tax threshold to $5 million. Raising the threshold from $1 million to $5 million would give and exemption of approximately 13000 small-med businesses
The CAT tax needs some accountability. Taxpayers are not seeing
measurable returns in any improvement in education and the entire CAT tax needs to be repealed and not add to inflation.