SB 707 Oregon Senate · 2025 Regular Session

Relating to exemption of prescription drug sales; prescribing an effective date.

Summary

Expands the exemption for receipts from the sale of prescription drugs from commercial activity subject to the corporate activity tax to include critical access pharmacies. Applies to tax years beginning on or after January 1, 2026. Takes effect on the 91st day following adjournment sine die.

Issues: ✗ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 13, 2025 Last action Jun 28, 2025

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

4

Key actions

1

Committee

2

Jun 28, 2025

Upper · Passed

In committee upon adjournment.

upper

Jan 17, 2025

Committee

Referred to Finance and Revenue.

upper

Jan 13, 2025

Introduced

Introduction and first reading. Referred to President's desk.

upper

1 primary · 12 co-sponsors

Sponsors

Role

Legislator

Party

State

District