Oregon § 267.420 Employer payroll tax on State of Oregon and political subdivisions; requirements for tax ordinance

Oregon Statutes

§ 267.420 — Employer payroll tax on State of Oregon and political subdivisions; requirements for tax ordinance

Oregon § 267.420

Vol.7

Title 24Public Organizations for Community Service

Ch. 267Mass Transit Districts; Transportation Districts

This text of Oregon § 267.420 (Employer payroll tax on State of Oregon and political subdivisions; requirements for tax ordinance) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 267.420 (2026).

Text

(1)Any ordinance imposing an employer payroll tax on an entity described in ORS 267.380 (1)(a)(C) shall be adopted not less than six months prior to the beginning of the fiscal year of the mass transit district within which the employer payroll tax becomes effective.

(2)(a) Any ordinance imposing an employer payroll tax on an entity described in ORS 267.380 (1)(a)(C) shall provide that for each of the four fiscal years after the fiscal year in which the employer payroll tax was first imposed, the entity shall pay the applicable percentage of the amount of employer payroll tax which, without regard to this section, it would have been required to pay under the law.

(b)The applicable percentage shall be determined in accordance with the following table: _____________________________________

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(1) Any ordinance imposing an employer payroll tax on an entity described in ORS 267.380 (1)(a)(C) shall be adopted not less than six months prior to the beginning of the fiscal year of the mass transit district within which the employer payroll tax becomes effective.
(2)(a) Any ordinance imposing an employer payroll tax on an entity described in ORS 267.380 (1)(a)(C) shall provide that for each of the four fiscal years after the fiscal year in which the employer payroll tax was first imposed, the entity shall pay the applicable percentage of the amount of employer payroll tax which, without regard to this section, it would have been required to pay under the law.
(b) The applicable percentage shall be determined in accordance with the following table:
______________________________________________________________________________
Number of fiscal years The applicable
after the fiscal year percentage is:
in which the employer
payroll tax is first
imposed:
One 20
Two 40
Three 60
Four 80
______________________________________________________________________________
(c) In the fifth fiscal year after the fiscal year in which the employer payroll tax is first imposed on an entity described in ORS 267.380 (1)(a)(C) and in any subsequent fiscal year, the applicable percentage shall be 100 percent.