Oregon Statutes 316.758 – Additional personal exemption credit for persons with severe disabilities; income limitation
(1) In addition to the personal exemption credit allowed by this chapter for state personal income tax purposes, there shall be allowed an additional personal exemption credit for the taxpayer if the taxpayer:
Terms Used In Oregon Statutes 316.758
- Taxpayer: means any natural person, estate, trust, or beneficiary whose income is in whole or in part subject to the taxes imposed by this chapter, or any employer required by this chapter to withhold personal income taxes from the compensation of employees for remittance to the state. See Oregon Statutes 316.022
(a) Has a severe disability at the close of the taxable year; and
(b) Has federal adjusted gross income that does not exceed $100,000 for the tax year.
(2) The amount of the credit shall be equal to the amount allowed as the personal exemption credit for the taxpayer for state personal income tax purposes for the tax year. [Formerly 316.136; 1985 c.345 § 10; 1987 c.293 § 28; 2007 c.70 § 86; 2014 c.114 § 9; 2015 c.701 § 15]
Section 42, chapter 913, Oregon Laws 2009, provides:
A credit may not be claimed under ORS § 316.758 for tax years beginning on or after January 1, 2028. [2009 c.913 § 42; 2015 c.701 § 14; 2021 c.525 § 2]
[1953 c.304 § 99; repealed by 1957 c.632 § 1 (314.855 enacted in lieu of 316.760 and 317.550)]
[1957 c.586 § 9; 1963 c.627 § 18 (referred and rejected); 1963 s.s. c.3 § 1; repealed by 1969 c.493 § 99]