OR HB4084 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 16-4)
Status: Passed on April 14 2016 - 100% progression
Action: 2016-04-14 - Chapter 96, (2016 Laws): Effective date June 2, 2016.
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Moderate Partisan Bill (Democrat 16-4)
Status: Passed on April 14 2016 - 100% progression
Action: 2016-04-14 - Chapter 96, (2016 Laws): Effective date June 2, 2016.
Text: Latest bill text (Engrossed) [PDF]
Summary
Authorizes certain local governments to adopt ordinance or resolution providing property tax incentive programs that grant special assessment to brownfields or exemption to new and existing improvements and personal property on brownfields for period of up to 10 years, with additional period up to five years based on locally adopted criteria. Caps dollar amount of benefits at specified eligible costs for property. Provides that ordinance or resolution becomes effective only if rates of taxation of taxing districts located within territory of local government whose governing boards agree to incentive programs, when combined with rate of local government adopting incentive programs, equal 51] 75 percent or more of total combined rate of taxation within territory of local government. Provides that eligible costs equal discounted present value of estimated after-tax costs directly related to remaining work necessary to remove, contain or treat contamination of brownfield. Authorizes county assessor to charge owner of brownfield fee of up to $200 for first year and up to $100 for each subsequent year for which property tax incentive program benefit is granted. Provides for clawback of property tax incentive program benefits upon disqualification for failure to comply with eligibility requirements or make reasonable progress on remediation or redevelopment or for misleading or false statements in application to participate in incentive programs. Authorizes city, county or port to provide owner with opportunity to cure grounds for disqualification. Sunsets authority to adopt ordinance or resolution on January 2, 2037] 2027. Takes effect on 91st day following adjournment sine die.
Title
Relating to tax incentives for brownfield cleanups; and prescribing an effective date.
Sponsors
Roll Calls
2016-02-29 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2016-02-25 - Senate - Senate Committee Do pass (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-19 - House - House Third Reading (Y: 58 N: 0 NV: 0 Abs: 2) [PASS]
2016-02-15 - House - House Committee Do pass with amendments. (Printed A-Eng.) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]
2016-02-25 - Senate - Senate Committee Do pass (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-19 - House - House Third Reading (Y: 58 N: 0 NV: 0 Abs: 2) [PASS]
2016-02-15 - House - House Committee Do pass with amendments. (Printed A-Eng.) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]
History
Date | Chamber | Action |
---|---|---|
2016-04-14 | House | Chapter 96, (2016 Laws): Effective date June 2, 2016. |
2016-04-04 | House | Governor signed. |
2016-03-04 | Senate | President signed. |
2016-03-02 | House | Speaker signed. |
2016-02-29 | Senate | Dembrow, excused granted unanimous consent to vote aye. |
2016-02-29 | Senate | Third reading. Carried by Edwards. Passed.Ayes, 29; excused, 1--Winters. |
2016-02-26 | Senate | Second reading. |
2016-02-26 | Senate | Recommendation: Do pass the A-Eng. bill. |
2016-02-25 | Senate | Work Session held. |
2016-02-24 | Senate | Public Hearing and Work Session held. |
2016-02-22 | Senate | Referred to Finance and Revenue. |
2016-02-19 | Senate | First reading. Referred to President's desk. |
2016-02-19 | House | Third reading. Carried by McKeown, Davis. Passed.Ayes, 58; Excused, 2--Barton, Boone. |
2016-02-18 | House | Rules suspended. Carried over to February 19, 2016 Calendar. |
2016-02-17 | House | Second reading. |
2016-02-16 | House | Recommendation: Do pass with amendments and be printed A-Engrossed. |
2016-02-15 | House | Work Session held. |
2016-02-11 | House | Work Session held. |
2016-02-01 | 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. |