Chapter 185 Oregon Laws 2001

AN ACT

HB 2588

Relating to disregarded entities under unemployment compensation tax law.

Be It Enacted by the People of the State of Oregon:

SECTION 1. Section 2 of this 2001 Act is added to and made a part of ORS chapter 657.

SECTION 2. A business entity that has a single owner and is disregarded as an entity separate from its owner for federal tax purposes is deemed to be the same employing unit as its owner for unemployment compensation tax purposes under this chapter.

SECTION 3. Section 2 of this 2001 Act applies to tax years beginning on or after January 1, 2002.

Approved by the Governor May 24, 2001

Filed in the office of Secretary of State May 24, 2001

Effective date January 1, 2002

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