Oregon House Bill 2563 (Prior Session Legislation)

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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]

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.

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

Rep. Werner Reschke [R]

Date	Chamber	Action
2023-06-25	House	In committee upon adjournment.
2023-01-16	House	Referred to Housing and Homelessness with subsequent referral to Tax Expenditures.
2023-01-09	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2023R1/Measures/Overview/HB2563
Text	https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/HB2563/Introduced
Supplement	https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureAnalysisDocument/65529