OR HB3523 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Strong Partisan Bill (Republican 15-1)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Summary

Creates Oregon tax subtraction for amounts received in settlement of civil action arising from wildfire. Creates Oregon tax subtraction for amounts received in settlement of civil action arising from wildfire. Applies to amounts received in tax years beginning on or after January 1, 2020, and before January 1, 2026. Takes effect on 91st day following adjournment sine die.

Tracking Information

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Title

Relating to an income tax subtraction for wildfire settlements; prescribing an effective date.

Sponsors


History

DateChamberAction
2023-06-25HouseIn committee upon adjournment.
2023-04-28HouseInformational Meeting held.
2023-03-31HousePublic Hearing held.
2023-03-03HouseReferred to Tax Expenditures.
2023-02-28HouseFirst reading. Referred to Speaker's desk.

Oregon State Sources

TypeSource
Summaryhttps://olis.oregonlegislature.gov/liz/2023R1/Measures/Overview/HB3523
Texthttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/HB3523/Introduced
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureAnalysisDocument/74900
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/CommitteeMeetingDocument/268777
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/CommitteeMeetingDocument/268975
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureAnalysisDocument/78132
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/CommitteeMeetingDocument/270261
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/CommitteeMeetingDocument/271290
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/CommitteeMeetingDocument/271292
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/CommitteeMeetingDocument/271897
Supplementhttps://olis.oregonlegislature.gov/liz/2023R1/Downloads/CommitteeMeetingDocument/271899

Bill Comments

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