OR HB2071 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Passed on August 15 2023 - 100% progression
Action: 2023-08-15 - Chapter 490, (2023 Laws): Effective date September 24, 2023.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Unknown
Status: Passed on August 15 2023 - 100% progression
Action: 2023-08-15 - Chapter 490, (2023 Laws): Effective date September 24, 2023.
Text: Latest bill text (Enrolled) [PDF]
Summary
Extends sunset provisions for various tax credits. Requires Legislative Revenue Officer to study personal income taxation. Directs Legislative Revenue Officer to submit findings to interim committees of Legislative Assembly related to revenue not later than September 15, 2024.] Extends sunset provisions for various tax credits. Expands purposes for which qualified borrower may use loan proceeds, in connection with tax credits allowed for affordable housing lenders, to include limited equity cooperatives, with certain conditions. Applies to tax years beginning on or after January 1, 2024. Exempts from state income tax military pay received by Oregon National Guard member while in active service of state or on state active duty. Applies to tax years beginning on or after January 1, 2021. Creates credit against income taxes for selling publicly supported housing to retain as affordable housing. Applies to sales of housing completed in tax years beginning on or after January 1, 2024, and before January 1, 2030. Takes effect on 91st day following adjournment sine die.
Title
Relating to revenue; and prescribing an effective date.
Sponsors
| No sponsor information available at this time. |
Roll Calls
2023-06-22 - Senate - Senate Third Reading (Y: 24 N: 0 NV: 0 Abs: 6) [PASS]
2023-06-13 - House - House Third Reading (Y: 56 N: 0 NV: 0 Abs: 4) [PASS]
2023-06-08 - House - House Committee Do pass with amendments. (Printed A-Eng.) (Y: 9 N: 0 NV: 0 Abs: 3) [PASS]
2023-05-25 - House - House Committee Without recommendation as to passage and be referred to Tax Expenditures (Y: 6 N: 0 NV: 0 Abs: 1) [PASS]
2023-06-13 - House - House Third Reading (Y: 56 N: 0 NV: 0 Abs: 4) [PASS]
2023-06-08 - House - House Committee Do pass with amendments. (Printed A-Eng.) (Y: 9 N: 0 NV: 0 Abs: 3) [PASS]
2023-05-25 - House - House Committee Without recommendation as to passage and be referred to Tax Expenditures (Y: 6 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-08-15 | House | Chapter 490, (2023 Laws): Effective date September 24, 2023. |
| 2023-07-31 | House | Governor signed. |
| 2023-06-24 | Senate | President signed. |
| 2023-06-24 | House | Speaker signed. |
| 2023-06-22 | Senate | Vote explanation(s) filed by Anderson. |
| 2023-06-22 | Senate | Third reading. Carried by Findley. Passed. Ayes, 24; Absent, 6--Boquist, Hansell, Hayden, Linthicum, Robinson, Thatcher. |
| 2023-06-21 | Senate | Carried over to 06-22 by unanimous consent. |
| 2023-06-20 | Senate | Second reading. |
| 2023-06-20 | Senate | Recommendation: Do pass the A-Eng. bill. |
| 2023-06-15 | Senate | Referred to Tax Expenditures. |
| 2023-06-15 | Senate | First reading. Referred to President's desk. |
| 2023-06-13 | House | Rules suspended. Third reading. Carried by Nathanson. Passed. Ayes, 56; Excused, 1--Bynum; Excused for Business of the House, 3--Breese-Iverson, Conrad, Speaker Rayfield. |
| 2023-06-13 | House | Second reading. |
| 2023-06-12 | House | Recommendation: Do pass with amendments and be printed A-Engrossed. |
| 2023-06-08 | House | Work Session held. |
| 2023-06-07 | House | Public Hearing held. |
| 2023-05-26 | House | Referred to Tax Expenditures by order of Speaker. |
| 2023-05-26 | House | Without recommendation as to passage and be referred to Tax Expenditures. |
| 2023-05-25 | House | Work Session held. |
| 2023-01-12 | House | Referred to Revenue. |
| 2023-01-09 | House | First reading. Referred to Speaker's desk. |
