Legislative Update: February 3, 2025
The Springfield Area Chamber of Commerce continues to track legislative updates and action alerts that relate to the business community. Partnering with the Oregon State Chamber of Commerce (OSCC) for legislative insight, the Springfield Chamber remains focused on addressing the issues that matter most to its members.
HB 3119 Grassroots Support
Last week, the Springfield Chamber answered the call on House Bill 3119 and would like to thank these Chambers across Oregon for doing the same:
The Oregon DEQ’s ‘Advanced Clean Trucks’ (ACT) rule mandates the manufacturers of medium and heavy-duty vehicles must sell a growing percentage of zero-emission trucks each year beginning with the 2025 model year, a costly and inefficient mandate. HB 3119 would delay this regulation for two years. For more context on this issue, read the Springfield Chamber’s testimony to the House Committee on Climate, Energy, and Environment from January 30th.
“Sixteen chamber organizations across Oregon made their voice heard in support of HB 3119, which would delay the DEQ’s ‘Advanced Clean Truck’ (ACT) rule until 2027. This is exactly how OSCC is intended to work.“
– Oregon State Chamber of Commerce Legislative Update
Public Hearing on HB 2301
The Springfield Chamber has been following an increasing consensus that Oregon’s “death tax” must be addressed. Oregon’s estate tax laws are among the toughest in the Western U.S., with a $1 million exemption and a progressive tax starting at 10% on values exceeding that threshold – but change could be on the horizon.
House Bill 2301 is gaining traction as a potential game-changer, proposing to raise the exemption to $8 million and implement a flat 7% tax rate beyond that amount. If passed, this legislation could significantly ease the tax burden on businesses.
House Bill 2301 will get its first public hearing in the House Revenue Committee on Thursday, February 6 at 3pm. You can register to testify here or submit your testimony here.
Read OSCC’s full Legislative Update from Monday, February 3, 2025, to learn more about their activity around these and other bills they are watching during the current legislative session.
Springfield Area Chamber of Commerce Business Advocacy
The Springfield Area Chamber of Commerce is a trusted convener and provider of business resources. They recognize the systemic interdependencies of a healthy economy and provide an ear and a voice for local business at the confluence of government, commerce, and community. They advocate for business by increasing visibility, dialogue, and representation at local, state, and federal policy circles around issues of impact and interest to their members. Learn more about the Chamber’s Business Advocacy work.
