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]

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.

Tracking Information

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Title

Relating to tax treatment of mortgage interest; prescribing an effective date.

Sponsors


History

DateChamberAction
2017-07-07HouseIn committee upon adjournment.
2017-03-09HousePublic Hearing held.
2017-02-10HouseReferred to Human Services and Housing with subsequent referral to Revenue.
2017-02-08HouseFirst reading. Referred to Speaker's desk.

Oregon State Sources


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