---
type: "Bill"
title: "Relating to a tax credit for de novo banks; and prescribing an effective date."
description: "Creates a corporate excise tax credit for each of the first three years that a bank does business in this state. Applies only to Oregon-chartered banks that commence business in tax years beginning on or after January 1, 2027, and before January 1, 2033. Takes effect on the 91st day following adjournment sine die."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2026R1"
identifier: "HB 4052"
citation: "Oregon HB 4052 (2026R1)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["E. Werner Reschke", "Pam Marsh"]
version_count: 2
action_count: 18
vote_count: 4
first_action: "2026-02-02T16:50:03+00:00"
last_action: "2026-04-06T17:33:05+00:00"
source: "openstates"
source_identifier: "ocd-bill/e3834f92-74f1-41d4-a70d-06365360a301"
source_url: "https://olis.oregonlegislature.gov/liz/2026R1/Measures/Overview/HB4052"
source_hash: "47fe628cdddaf991402102500c6bad6a40932fdafe1e2d0c752d85b3951c7149"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-or"]
---

# Oregon HB 4052 (2026R1) — Relating to a tax credit for de novo banks; and prescribing an effective date.

Creates a corporate excise tax credit for each of the first three years that a bank does business in this state. Applies only to Oregon-chartered banks that commence business in tax years beginning on or after January 1, 2027, and before January 1, 2033. Takes effect on the 91st day following adjournment sine die.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4052/Introduced)
2. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4052/Enrolled)

## Votes

- Heard and Reported Out — **4–0** (pass) · upper
- Third reading. Carried by Drazan. Passed. — **30–0** (pass) · upper
- Heard and Reported Out — **7–0** (pass) · lower
- Third reading. Carried by Reschke. Passed. — **52–0** (pass) · lower

## Sponsors

- E. Werner Reschke — primary (person)
- Pam Marsh — primary (person)
- Anna Scharf — cosponsor (person)
- Ben Bowman — cosponsor (person)
- Bobby Levy — cosponsor (person)
- Christine Drazan — cosponsor (person)
- David Brock Smith — cosponsor (person)
- David Gomberg — cosponsor (person)
- John Lively — cosponsor (person)
- Jules Walters — cosponsor (person)
- Mark Meek — cosponsor (person)
- Nathan Sosa — cosponsor (person)
- Zach Hudson — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-02-02T16:50:03+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2026-02-02T17:51:51+00:00** Referred to Revenue. `referral-committee`
- **2026-02-04T23:01:00+00:00** Public Hearing held.
- **2026-02-18T23:02:00+00:00** Work Session held.
- **2026-02-19T22:52:06+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2026-02-20T18:16:17+00:00** Second reading. `reading-2`
- **2026-02-24T01:31:17+00:00** Carried over to February 24, 2026 Calendar by virtue of adjournment.
- **2026-02-25T01:39:52+00:00** Third reading. Carried by Reschke. Passed. `passage, reading-3`
- **2026-02-25T18:50:06+00:00** First reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2026-02-25T19:07:20+00:00** Referred to Finance and Revenue. `referral-committee`
- **2026-03-02T16:02:00+00:00** Public Hearing and Work Session held.
- **2026-03-03T18:19:34+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2026-03-03T19:11:21+00:00** Second reading. `reading-2`
- **2026-03-04T23:03:32+00:00** Third reading. Carried by Drazan. Passed. `passage, reading-3`
- **2026-03-05T21:30:14+00:00** Speaker signed. `passage`
- **2026-03-06T16:59:18+00:00** President signed. `passage`
- **2026-03-31T21:07:00+00:00** Governor signed. `executive-signature`
- **2026-04-06T17:33:05+00:00** Chapter 36, (2026 Laws): Effective date June 5, 2026.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/e3834f92-74f1-41d4-a70d-06365360a301`. Confidence: reported (aggregated from official Oregon legislature records).