OR HB3294 | 2017 | Regular Session
Status
Completed Legislative Action
Spectrum: Committee Bill
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Committee Bill
Status: Failed on July 7 2017 - 100% progression
Action: 2017-07-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Limits fees payable to qualified community development entity in connection with qualified equity investment. Extends sunset for tax credit for qualified equity investment. Increases maximum amount of qualified equity investments that Oregon Business Development Department may certify per tax year, and maximum amount of qualified low-income community investments that may be made in qualified active low-income community business and all affiliates. Applies to tax years beginning on or after January 1, 2016, and to qualified equity investments made in tax years beginning on or after January 1, 2016. Takes effect on 91st day following adjournment sine die.
Title
Relating to qualified equity investments; prescribing an effective date.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2017-07-07 | House | In committee upon adjournment. |
| 2017-03-13 | House | Referred to Revenue. |
| 2017-03-06 | House | First reading. Referred to Speaker's desk. |
Oregon State Sources
| Type | Source |
|---|---|
| Summary | https://olis.oregonlegislature.gov/liz/2017R1/Measures/Overview/HB3294 |
| Text | https://olis.oregonlegislature.gov/liz/2017R1/Downloads/MeasureDocument/HB3294/Introduced |
