OR HB2006 | 2017 | Regular Session
Status
Completed Legislative Action
Sponsorship: Committee Bill
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Sponsorship: Committee Bill
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Disallows, for purposes of personal income taxation, mortgage interest deduction for residence other than taxpayer's principal residence. Disallows deduction for interest for principal residence based upon income thresholds. Limits deduction for taxpayers below income thresholds. Transfers amount equal to estimated increase in revenue attributable to restrictions on deduction of mortgage interest to accounts in Oregon Housing Fund. Applies to tax years beginning on or after January 1, 2017. Takes effect on 91st day following adjournment sine die.
Title
Relating to tax treatment of mortgage interest; prescribing an effective date.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-07-07 | House | In committee upon adjournment. |
| 2017-03-09 | House | Public Hearing held. |
| 2017-02-10 | House | Referred to Human Services and Housing with subsequent referral to Revenue. |
| 2017-02-08 | House | First reading. Referred to Speaker's desk. |
Oregon State Sources
| Type | Source |
|---|---|
| Summary | https://olis.oregonlegislature.gov/liz/2017R1/Measures/Overview/HB2006 |
| Text | https://olis.oregonlegislature.gov/liz/2017R1/Downloads/MeasureDocument/HB2006/Introduced |
