OR HB2563 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Summary

Creates income or corporate excise tax credit for investment in affordable housing, available to taxpayer eligible for federal low-income housing credit, and allocated by Housing and Community Services Department. Creates income or corporate excise tax credit for investment in affordable housing, available to taxpayer eligible for federal low-income housing credit, and allocated by Housing and Community Services Department. Applies to tax years beginning on or after January 1, 2024, and before January 1, 2039. Takes effect on 91st day following adjournment sine die.

Tracking Information

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Title

Relating to a tax credit for investment in affordable housing; prescribing an effective date.

Sponsors


History

DateChamberAction
2023-06-25HouseIn committee upon adjournment.
2023-01-16HouseReferred to Housing and Homelessness with subsequent referral to Tax Expenditures.
2023-01-09HouseFirst reading. Referred to Speaker's desk.

Oregon State Sources


Bill Comments

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