SB587 — Relating to an income tax subtraction for amounts received in wildfire litigation; prescribing an effective date.

SB587 — Relating to an income tax subtraction for amounts received in wildfire litigation; prescribing an effective date. · Informed CitizenrySB 587 creates Oregon corporate excise and income tax subtractions for amounts received in the settlement or judgment of civil actions arising from wildfires. These subtractions apply to wildfire-r…Open in Informed Citizenry