OR HB2604 | 2021 | Regular Session

Status

Spectrum: Slight Partisan Bill (Democrat 6-2)
Status: Introduced on January 11 2021 - 25% progression
Action: 2021-02-25 - Public Hearing held.
Pending: House Revenue Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Reduces tax rates, reduces maximum eligible income and modifies employment requirements for purposes of taxpayer election of reduced tax rate for certain pass-through income. Reduces tax rates, reduces maximum eligible income and modifies employment requirements for purposes of taxpayer election of reduced tax rate for certain pass-through income. Applies to tax years beginning on or after January 1, 2022. Takes effect on 91st day following adjournment sine die.

Tracking Information

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Title

Relating to elective reduced rate of taxation on pass-through income; prescribing an effective date.

Sponsors


History

DateChamberAction
2021-02-25HousePublic Hearing held.
2021-01-19HouseReferred to Revenue.
2021-01-11HouseFirst reading. Referred to Speaker's desk.

Oregon State Sources


Bill Comments 750

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