(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:\n(a) Has a severe disability at the close of the taxable year; and\n(b) Has federal adjusted gross income that does not exceed $100,000 for the tax year.\n(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]\nNote:\nSection 42, chapter 913, Oregon Laws 2009, provides:\nSec. 42.\nA 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]
Oregon Legal Code