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]
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.
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]
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
Date | Chamber | Action |
---|---|---|
2016-03-24 | House | Chapter 31, (2016 Laws): Effective date June 2, 2016. |
2016-03-14 | House | Governor signed. |
2016-03-04 | Senate | President signed. |
2016-03-02 | House | Speaker signed. |
2016-02-29 | Senate | Third reading. Carried by Edwards. Passed.Ayes, 28; nays, 1--Thatcher; excused, 1--Winters. |
2016-02-26 | Senate | Second reading. |
2016-02-26 | Senate | Recommendation: Do pass. |
2016-02-26 | Senate | Public Hearing and Work Session held. |
2016-02-25 | Senate | Referred to Finance and Revenue. |
2016-02-25 | Senate | First reading. Referred to President's desk. |
2016-02-24 | House | Third reading. Carried by Olson. Passed.Ayes, 58; Excused for Business of the House, 2--Buckley, Taylor. |
2016-02-23 | House | Second reading. |
2016-02-22 | House | Recommendation: Do pass. |
2016-02-19 | House | Work Session held. |
2016-02-04 | House | Public Hearing held. |
2016-02-01 | House | Referred to Revenue. |
2016-02-01 | House | First reading. Referred to Speaker's desk. |
2016-01-27 | House | Presession Released to the Public. |