OR HB2162 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Unknown
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Modifies methods for calculating numerator used in apportionment of business income for purposes of corporate excise taxation. Requires sales of all members of unitary group of corporations to be included in numerator of Oregon apportionment percentage if any member is taxable in state. Applies to tax years beginning on or after January 1, 2020. Takes effect on 91st day following adjournment sine die.
Title
Relating to apportionment of corporate income; prescribing an effective date.
Sponsors
| No sponsor information available at this time. |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-06-30 | House | In committee upon adjournment. |
| 2019-01-18 | House | Referred to Revenue. |
| 2019-01-14 | House | First reading. Referred to Speaker's desk. |
Oregon State Sources
| Type | Source |
|---|---|
| Summary | https://olis.oregonlegislature.gov/liz/2019R1/Measures/Overview/HB2162 |
| Text | https://olis.oregonlegislature.gov/liz/2019R1/Downloads/MeasureDocument/HB2162/Introduced |
