The Senate Committee on Rules convened on June 27, 2025, to discuss House Bill 2087A, a significant piece of legislation concerning tax expenditures in Oregon. The bill aims to extend and modify twelve tax expenditures related to personal and corporate income taxes, fuel taxes, and other areas without altering existing policies. Key provisions include the extension of sunsets for various tax credits, such as the earned income tax credit and the pension income credit, as well as the expansion of credits for crop donations and rural emergency medical services.

During the public hearing, committee members expressed their support for the bill, emphasizing the importance of periodic reviews of tax expenditures to ensure they continue to serve the public interest. Senator Golden highlighted the necessity of evaluating these expenditures, noting that they represent general fund dollars and can spark detailed debates regarding their value. He expressed confidence in the diverse perspectives of the House committee, which unanimously supported the bill.

Vice Chair Bolton acknowledged a competing Senate bill that proposed more funding but expressed gratitude for the extension of the tax credits in House Bill 2087A. Other members, like Mr. Hayden, voiced their support for the bill while also questioning the characterization of tax credits as expenditures, arguing that they allow individuals and businesses to retain more of their income.

The committee ultimately moved to recommend House Bill 2087A for passage, reflecting a consensus on the importance of maintaining these tax credits for the benefit of Oregonians. The bill is set to take effect 90 days after adjournment, pending further legislative processes. This meeting underscores the ongoing discussions around fiscal policy and the role of tax credits in supporting various sectors within the state.