HB 4015 is currently at the House Desk awaiting first reading. No committee assignment yet, no amendments, and no hearings scheduled—it's in the very early phase. The full introduced text is available as a PDF on the Oregon Legislative Information System (OLIS), linked below. The bill's title and catchline are straightforward: "Relating to connection to federal tax law; prescribing an effective date." In essence, it updates the date as of which Oregon conforms to the feder

This year feels especially timely because of the big federal win in the “One Big Beautiful Bill” that restored 100% bonus depreciation for qualified property placed in service after January 19, 2025. If you bought new appliances, replaced HVAC systems, or made certain interior improvements last year, you might be able to write off the entire cost in one shot. Add in the evergreen deductions we’ve always had, and there’s real money on the table. So let’s walk through the major