A minority report version of HB 2456 passed on the floor of the House in Salem today, April 24. Vicki Berger (R-Salem) sponsored HB 2456-MR, which passes the portions of the bill that close loopholes for off-shore tax shelters. This bill DOES protect the charitable contributions incentive and it was passed unanimously. HB 2456-MR does not get the necessary revenue of $275 million for the Co-Chair's budget that was meant to be dedicated to human services and education. The Legislature will now need to find other options for finding those funds.
NAO congratulates the Legislature for protecting the deduction for charitable contributions. We look forward to understanding what options will be used to support needed human services and education programs as outlined in the Co-Chair’s budget.