HB 4014
Establishes the Task Force on Taxation of International Income.
Jurisdiction
Oregon
Session
2026 Regular Session
At the request of
(at the request of House Interim Committee on Revenue for Representative Nancy Nathanson)
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Sign in to take actionPublic sentiment
Support
88%
Oppose
12%
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
House Bill 4014 creates a task force to examine how Oregon taxes income earned by businesses operating in multiple countries. The Legislative Revenue Officer (LRO) will conduct a study of the state’s financial system and provide recommendations to the legislature by December 1, 2027. This task force will investigate potential changes to Oregon’s tax code to improve the state’s treatment of international income. The task force’s work will conclude on December 31, 2027.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsor
House Interim Committee on Revenue
Arguments in favor
Reasons to support this legislation.
Supporters of HB 4014 argue that Oregon's corporate tax system is unfair and inequitable, with multinational companies using tax havens to minimize their liability. They emphasize the need for tax fairness and equitable distribution of wealth to address income inequality, highlighting the vast gap between the richest and average working people. The proposed task force would study Oregon's tax code treatment of international income, aiming to align the state's policy with its residents' needs and ensure corporations pay a fair share of taxes to fund essential programs for working families, including education and vital sectors like healthcare. By closing tax loopholes and increasing revenue, HB 4014 proponents believe this change would help alleviate the budget crisis created by existing tax policies and protect vital sectors from austerity measures.
Source: Testimony Summaries
Arguments opposed
Reasons to oppose this legislation.
The opposition to Oregon's international taxation proposal emphasizes that the state has already effectively addressed similar issues, citing collaborative efforts with the Department of Revenue and strong business community support. Furthermore, opponents argue that Oregon's economy is struggling due to a challenging business environment, with high rankings in CNBC's business friendliness and cost of doing business indices, suggesting that additional taxes may exacerbate existing difficulties rather than providing a solution. This perspective highlights concerns that the proposed international taxation measures may not be necessary or effective, particularly given the state's current economic challenges.
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