Relating to an exemption for pharmacy receipts under the corporate activity tax.

SB 379 removes the expiration date for a tax exemption on prescription drug sales by certain pharmacies under Oregon's corporate activity tax. This means pharmacies selling prescriptions will no longer face a temporary tax on those sales, as the exemption now applies indefinitely. The change applies to all tax years beginning January 1, 2022, and onward. It directly affects community pharmacies that dispense prescription medications.