HB 4015
Plain-language analysis
Generated analysis, not an official summary or legal advice. Confirm with linked Oregon documents.
HB 4015 updates Oregon's statutory references to the federal Internal Revenue Code from various dates in 2023 and 2024 to December 31, 2025 (and January 1, 2026 for specific pension required minimum distribution rules). This synchronizes Oregon's tax definitions, retirement benefit limits, and qualified expense categories with the federal code as it will exist at the end of 2025. Material consequences include automatic adjustments to Oregon pension salary calculations and benefit caps based on future federal inflation adjustments, updates to the definition of taxable income for personal and corporate taxes, and alignment of 529/ABLE plan rules with federal changes effective through 2025.
Basis: Bill text · Source: Introduced
Official sources do not state why this measure was proposed.
Sponsor testimony, staff summaries, committee materials, or statutory findings may explain it.
Inferred from cited text; not a stated purpose.
Oregon likely uses a snapshot approach to federal law to avoid constant legislative updates for every minor federal change; this bill prevents Oregon from decoupling by ensuring that pension caps, tax definitions, and retirement rules automatically track federal inflation adjustments and policy changes enacted between 2024 and late 2025, avoiding outdated limits or mismatched definitions for the 2026 tax year.
Basis: Inferred · Source: Introduced
Salary definitions for retirement calculations update to include or exclude specific deferred compensation items based on 2025 federal rules. Pension benefit caps adjust to 2025 federal limits, which may increase due to inflation. Required minimum distribution ages may shift if federal law changes the age by December 31, 2025.
Basis: Bill text · Source: Introduced
Definitions of 'income' and 'adjusted gross income' update to 2025 federal rules, potentially changing eligibility thresholds and credit amounts based on how federal law treats specific income items by late 2025.
Basis: Bill text · Source: Introduced
Corporate excise tax definitions of 'doing business,' affiliation, and taxable income update to 2025 federal standards. S-corp shareholder representation rights before the tax court update to 2025 federal S-corp rules.
Basis: Bill text · Source: Introduced
Definitions of qualified higher education expenses (including apprenticeships and loan payments) and eligible individuals/beneficiaries update to 2025 federal standards, affecting withdrawal eligibility.
Basis: Bill text · Source: Introduced
Administrative obligation to apply the updated federal code as the tie date for all referenced provisions, including adopting rules for salary caps and distribution requirements consistent with the new federal snapshot.
Basis: Bill text · Source: Introduced
Taxpayers and PERS members must monitor federal tax changes through late 2025 to understand Oregon's resulting liability, as Oregon will mirror those changes automatically without separate state action.
Basis: Bill text · Source: Introduced
PERS members' retirement benefits could increase if federal inflation adjustments raise pension caps, or decrease if federal law reduces limits; RMD ages may change based on federal updates by December 31, 2025.
Basis: Bill text · Source: Introduced
Oregon revenue impact is uncertain; if federal deductions expand, Oregon taxable income may shrink, while expanded pension caps could increase PERS costs.
Basis: Inferred · Source: Introduced
529 and ABE account access to funds for apprenticeships or loans depends on federal definitions in effect by December 31, 2025.
Basis: Bill text · Source: Introduced
PERS members and taxpayers
Federal law passes significant inflation adjustments that substantially increase pension caps and expand tax-free student loan forgiveness provisions; Oregon automatically adopts these changes, resulting in higher retirement benefits for PERS members and broad relief for borrowers using 529/ABLE funds for loans.
Basis: Inferred · Source: Introduced
Corporations and taxpayers
Federal law repeals a specific deduction or entity definition Oregon relies on (e.g., S-corp representation rules or charitable checkoff definitions), causing an unexpected tax increase for Oregon entities or loss of eligibility for state credits without explicit Oregon legislative action.
Basis: Inferred · Source: Introduced
The bill delegates significant definitional authority to federal law; if federal policy shifts unfavorably, Oregon's tax base or benefit obligations change automatically. The risk is not unlawful conduct but unintended policy consequences from decoupling failure.
Sources · Introduced
The bill trades legislative control over specific tax and retirement definitions for administrative efficiency and alignment with federal law, risking unintended Oregon consequences from federal policy shifts while ensuring Oregon limits and definitions keep pace with inflation and federal updates.
Reduces decoupling lag and ensures pension caps adjust for inflation via federal references.
Basis: Bill text · Source: Introduced
Simplifies administration by mirroring federal rules, reducing compliance complexity for taxpayers and agencies.
Basis: Bill text · Source: Introduced
Loses ability to selectively decouple from unfavorable federal changes, potentially exposing Oregon taxpayers or the state pension system to federal policy volatility.
Basis: Bill text · Source: Introduced
Automatic adoption of federal changes may alter tax liabilities or benefit amounts in ways that were not explicitly debated or analyzed for Oregon-specific impacts.
Basis: Bill text · Source: Introduced
high confidence. The bill text explicitly updates tie dates across numerous statutes. The effects are mechanical synchronization with federal law. No fiscal or rationale documents were provided, limiting analysis of costs and intent.
4 records currently loaded
Records available in the current snapshot.
Earliest loaded signal
Introduced bill text posted
Posted Jan 28, 2026, 3:25 PM PST
Oregon records no individual sponsors.
Presession filing record
Introduced and printed pursuant to House Rule 12.00. Presession filed.
LC 190 became HB 4015
Mapping document posted: January 2, 2026 at 2:30 PM PST
Work Session — 4:15 - 4:30 Introduction of Committee Bills LC 186 Tax Compliance LC 190 Update Federal Connection LC 195 Study on the State's Financial System
House Interim Committee on Revenue introduction work session
Committee meeting: January 13, 2026 at 2:30 PM PST
HR A
Committee introduction motion
Committee meeting: January 13, 2026 at 2:30 PM PST
Vice-Chair Walters moved to adopt the listed legislative concepts as committee bills. Motion Passed
Committee introduction allows consideration; it does not imply every member supported the introduced or final text.
Records already listed in Activity are not repeated here.
Official origin records are incomplete; missing facts are not inferred.
Yex Labs LLC should monitor this measure because the supplied artifact supports small-business incentives, grants, and tax policy and a plausible but not yet specific effect.
68% confidence · deterministic fallback
4 events
Full timeline
4 entries shown.
In committee upon adjournment.
Referred to Revenue.
First reading. Referred to Speaker's desk.
or to other wholesalers. 31 SECTION 29. ORS 317A.100, as amended by section 20, chapter 4, Oregon Laws 2025, and sec- 32 tion 6, chapter 502, Oregon Laws 2025, is amended to read: 33 317A
ovisions of this section. 34 SECTION 28. ORS 317A.100, as amended by section 6, chapter 502, Oregon Laws 2025, is 35 amended to read: 36 317A.100. As used in ORS 317A.100 to 317A.158: 37 (1
100, as amended by section 20, chapter 4, Oregon Laws 2025, and sec- 32 tion 6, chapter 502, Oregon Laws 2025, is amended to read: 33 317A.100. As used in ORS 317A.100 to 317A.158: 34 (1)(a
“Updates the connection date to the federal Internal Revenue Code and other provisions of federal tax law.”
Confirm with the official record.
Supplemental, source-linked analysis from project researchers and community contributors. It is separate from Oregon's official record.