Relating to tax credits for pension income.

HB 2098 extends the deadline for Oregon residents to claim a tax credit on pension income, keeping the credit available through tax years beginning on or after January 1, 2032 (previously set to expire after 2025). This directly affects Oregon taxpayers receiving pension income who qualify for this credit. The bill amends existing law to delay the expiration date of the credit from 2026 to 2032, ensuring continued eligibility for qualifying pensioners without altering the credit’s calculation or eligibility rules.