SB563 — Relating to tax incentives for financial institution lending in rural areas; prescribing an effective date.

SB563 — Relating to tax incentives for financial institution lending in rural areas; prescribing an effective date. · Informed CitizenrySB 563 creates a new tax subtraction for financial institutions in Oregon, allowing them to subtract a portion of interest income from their federal taxable income to determine Oregon taxable incom…Open in Informed Citizenry