Oregon HB4016 mandates tax compliance for public contractors and requires certification of tax compliance for contracts exceeding $250,000.

Oregon HB4016 amends state statutes to ensure public contractors comply with tax laws. It mandates that public contracts over $250,000 require a certification of tax compliance from the contractor. The bill also tasks the Secretary of State with studying methods to ensure effective tax compliance through business registry functions. The amendments take effect on January 1, 2027.

Oregon HB4016 mandates tax compliance for public contractors and requires certification of tax compliance for contracts exceeding $250,000.

Oregon HB4016 amends state statutes to ensure public contractors comply with tax laws. It mandates that public contracts over $250,000 require a certification of tax compliance from the contractor. The bill also tasks the Secretary of State with studying methods to ensure effective tax compliance through business registry functions. The amendments take effect on January 1, 2027.