Oregon House Bill 2011 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Failed on July 6 2015 - 100% progression
Action: 2015-07-06 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Expands allowable purposes for establishing individual development account. Allows moneys in certain accounts to be rolled over into college savings network account or individual retirement account, retirement plan or similar account or plan when account holder has achieved account's approved purpose in accordance with personal development plan. Extends sunset for tax credit for donations to fiduciary organizations for distribution to individual development accounts. Extends sunset for tax credit for withdrawals from individual development accounts used to purchase primary residences.

Relating to individual development accounts.

Rep. Tobias Read [D]

Rep. Gene Whisnant [R]

Rep. Knute Buehler [R]

Rep. Jessica Pederson [D]

2015-04-03 - House - House Committee Do pass. Refer to Tax Credits (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2015-07-06	House	In committee upon adjournment.
2015-04-23	House	Public Hearing held.
2015-04-07	House	Referred to Tax Credits by order of Speaker.
2015-04-07	House	Recommendation: Do pass and be referred to Tax Credits.
2015-04-03	House	Work Session held.
2015-03-06	House	Public Hearing held.
2015-01-16	House	Referred to Higher Education, Innovation, and Workforce Development.
2015-01-12	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2015R1/Measures/Overview/HB2011
Text	https://olis.oregonlegislature.gov/liz/2015R1/Downloads/MeasureDocument/HB2011/Introduced
Roll Call	https://olis.oregonlegislature.gov/liz/2015R1/CommitteeReports/MajorityReport/21385