Oregon House Bill 2429 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Failed on June 26 2021 - 100% progression
Action: 2021-06-26 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Modifies provisions of corporate activity tax. Modifies provisions of corporate activity tax. Expands exemption for grocery sales to include groceries held by consignee store operator. Expands exemption for motor vehicle dealer transactions to include all new vehicle exchanges between franchised motor vehicle dealerships. Expands exception allowing vehicle dealer to collect estimated portion of tax from purchaser to include collection from lessee. Applies to tax years beginning on or after January 1, 2022. Takes effect on 91st day following adjournment sine die.

Relating to corporate activity tax; prescribing an effective date.

Rep. Nancy Nathanson [D]

Rep. Werner Reschke [R]

Rep. Mike Nearman [R]

Date	Chamber	Action
2021-06-26	House	In committee upon adjournment.
2021-03-01	House	Public Hearing held.
2021-01-19	House	Referred to Revenue.
2021-01-11	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/HB2429
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/HB2429/Introduced