OAR 150-318-0050: U.S. Government Obligations

Edition: Current OARD snapshotEffective: 2016-09-01Last verified: 2026-09-07

According to Title 31, United States Code, section 3124, interest and dividend income from obligations of the federal government are exempt from state income tax. Oregon Administrative Rule 150-316-0509 identifies the types of income that qualify and do not qualify for a subtraction from Oregon taxable income.

Official history and status

Statutory/Other Authority: ORS 305.100

Statutes/Other Implemented: ORS 318.060

History: Renumbered from 150-318.060, REV 52-2016, f. 8-13-16, cert. ef. 9-1-16 REV 11-2006, f. 12-27-06, cert. ef. 1-1-07

This rule cites

  • Rule 150 — target_record_not_published

Cited by

No inbound citations found.

Official source: https://secure.sos.state.or.us/oard/