ORS tit. 51, ch. 657, COLLECTION OF TAXES, TEMPORARY PROVISIONS RELATING to DEFERRAL AND FORGIVENESS OF EMPLOYER TAXES FOR CALENDAR YEAR 2021 ARE COMPILED AS NOTES FOLLOWING ORS 657.515
ORS tit. 51, ch. 657, COLLECTION OF TAXES, TEMPORARY PROVISIONS RELATING to DEFERRAL AND FORGIVENESS OF EMPLOYER TAXES FOR CALENDAR YEAR 2021 ARE COMPILED AS NOTES FOLLOWING ORS 657.515
Sections 2, 4 and 5, chapter 638, Oregon Laws 2021, provide:
Sec. 2. Sections 3 and 4 of this 2021 Act are added to and made a part of ORS chapter 657. [2021 c. 638, § 2]
Sec. 4. (1)(a) Notwithstanding ORS 657.515, an employer whose tax rate for calendar year 2021 was at least 0.5 percentage points, and not more than 2.0 percentage points, greater than the employer's tax rate for calendar year 2020 may defer the payment of up to one-third of the taxes due for calendar year 2021 until June 30, 2022, without accruing interest or penalties on the deferred amounts.
(b) Amounts deferred under this subsection and not forgiven under subsection (2) of this section become subject to ORS 657.515 beginning on July 1, 2022.
(2) If the increase in the tax rate described in subsection (1) of this section was:
(a) More than 1.0 percentage point and not more than 1.5 percentage points, 50 percent of the deferrable amounts shall be forgiven.
(b) More than 1.5 percentage points and not more than 2.0 percentage points, 75 percent of the deferrable amounts shall be forgiven.
(3) An employer whose tax rate for calendar year 2021 was more than 2.0 percentage points greater than the employer's tax rate for calendar year 2020 shall have one-third of the taxes due for calendar year 2021, including any interest or penalties on the taxes, forgiven.
(4) An employer is not eligible for deferral or forgiveness of taxes under this section unless the employer:
(a) Files all wage reports due under ORS 657.571 for calendar year 2021 in a timely manner;
(b) Pays all tax liabilities imposed under ORS chapter 657 for calendar year 2021 that are not deferred or forgiven in a timely manner; and
(c) As of January 1, 2021:
(A) Had paid all outstanding unemployment insurance taxes and related liabilities; or
(B) Had paid all outstanding amounts due according to the terms of a payment plan accepted by the Director of the Employment Department for repayment of all outstanding amounts described in subparagraph (A) of this paragraph. [2021 c. 638, § 4]
Sec. 5. Sections 3 and 4 of this 2021 Act are repealed on January 2, 2032. [2021 c. 638, § 5]