OR HB4072 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on March 24 2016 - 100% progression
Action: 2016-03-24 - Chapter 31, (2016 Laws): Effective date June 2, 2016.
Text: Latest bill text (Enrolled) [PDF]

Summary

Extends sunset for tax credit for university venture development fund contributions. Provides that tax credit is to be claimed in one tax year and provides for carryforward of unused amount of credit. Lists credit amounts to be allocated among universities that have established university venture development funds. Allows presidents of universities to achieve annual agreement for reallocation of available credit amounts. Applies to tax years beginning on or after January 1, 2016. Takes effect on 91st day following adjournment sine die.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Relating to university venture development funds; and prescribing an effective date.

Sponsors


Roll Calls

2016-02-29 - Senate - Senate Third Reading (Y: 28 N: 1 NV: 0 Abs: 1) [PASS]
2016-02-26 - Senate - Senate Committee Do pass (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-24 - House - House Third Reading (Y: 58 N: 0 NV: 0 Abs: 2) [PASS]
2016-02-19 - House - House Committee Do Pass (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2016-03-24HouseChapter 31, (2016 Laws): Effective date June 2, 2016.
2016-03-14HouseGovernor signed.
2016-03-04SenatePresident signed.
2016-03-02HouseSpeaker signed.
2016-02-29SenateThird reading. Carried by Edwards. Passed.Ayes, 28; nays, 1--Thatcher; excused, 1--Winters.
2016-02-26SenateSecond reading.
2016-02-26SenateRecommendation: Do pass.
2016-02-26SenatePublic Hearing and Work Session held.
2016-02-25SenateReferred to Finance and Revenue.
2016-02-25SenateFirst reading. Referred to President's desk.
2016-02-24HouseThird reading. Carried by Olson. Passed.Ayes, 58; Excused for Business of the House, 2--Buckley, Taylor.
2016-02-23HouseSecond reading.
2016-02-22HouseRecommendation: Do pass.
2016-02-19HouseWork Session held.
2016-02-04HousePublic Hearing held.
2016-02-01HouseReferred to Revenue.
2016-02-01HouseFirst reading. Referred to Speaker's desk.
2016-01-27HousePresession Released to the Public.

Oregon State Sources


Bill Comments

feedback