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March 19, 2026
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Sen. Mike McLane, R-Powell Butte, speaks in opposition of SB 1599 A on Monday, Feb. 23, 2026 at the Oregon State Capitol in Salem.
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Oregon estate tax bill would increase rate for big inheritances

Cs news3 weeks ago05 mins

A bill that would raise the threshold on Oregon’s estate tax and increase taxes on estates above $3 million was approved by the Senate on Feb. 24 and referred to the House. The bill moved on a 22-5 vote. Democrats on the Revenue committee approved Bill 1511 on a 3-2 vote Feb. 13, which would…

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Illinois lawmaker suggests estate tax reform for farmers

Cs news6 months ago03 mins

BLOOMINGTON, Ill. (WMBD) — State Representative Sharon Chung said in a town hall Tuesday she hopes to change the estate tax to help Illinois farmers. “Farmers tend to really take the brunt of the estate tax more than your everyday people,” she said. An estate is taxed a percentage of all the properties, investments and…

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