OR HB4202 | 2020 | 1st Special Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 5-2)
Status: Passed on July 7 2020 - 100% progression
Action: 2020-07-07 - Chapter 2, (2020 Laws): Effective date September 25, 2020.
Text: Latest bill text (Enrolled) [PDF]

Summary

Modifies administrative provisions of corporate activity tax. Modifies administrative provisions of corporate activity tax. Exempts from taxation certain sales of milk and manufactured dwelling park nonprofit cooperatives. Allows unitary group taxpayer to exclude members lacking ties to state. Defines "cost inputs" for taxpayer engaged in farming operation, for purpose of calculating subtraction. Establishes methods for taxpayer engaged in farming operation to demonstrate percentage of goods sold in state compared to outside state for purposes of determining commercial activity. Specifies that taxpayer is required to register only one time. Provides that returns and allowances are allowed as offset against commercial activity in year that returns or allowances are made. Prescribes methods for apportionment of subtraction. Establishes penalties for failure to file annual return or failure to pay tax by due date of annual return. Requires minimum payment per quarter but bars penalty if taxpayer makes payment equal to required installment for corresponding quarter of prior year. Applies to tax years beginning on or after January 1, 2020. Takes effect on 91st day following adjournment sine die.

Tracking Information

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Title

Relating to taxation; and prescribing an effective date.

Sponsors


Roll Calls

2020-06-26 - Senate - Senate Third Reading (Y: 26 N: 1 NV: 0 Abs: 3) [PASS]
2020-06-25 - House - House Third Reading (Y: 56 N: 0 NV: 0 Abs: 4) [PASS]
2020-06-24 - House - House Committee Do pass (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2020-06-24 - House - House Committee Do Pass (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2020-07-07HouseChapter 2, (2020 Laws): Effective date September 25, 2020.
2020-06-30HouseGovernor signed.
2020-06-30SenatePresident signed.
2020-06-29HouseSpeaker signed.
2020-06-26SenateVote explanation filed by Boquist.
2020-06-26SenateRules suspended. Third reading. Carried by Hass. Passed. Ayes, 26; Nays, 1--Boquist; Excused, 3--Hansell, Linthicum, Olsen.
2020-06-26SenateRules suspended. Second reading.
2020-06-26SenateRecommendation: Do pass.
2020-06-26SenateReferred to The First Special Session of 2020.
2020-06-26SenateFirst reading. Referred to President's desk.
2020-06-25HouseRules suspended. Third reading. Carried by Nathanson. Passed. Ayes, 56; Excused, 4--Barker, Barreto, Boshart Davis, Holvey.
2020-06-25HouseSecond reading.
2020-06-24HouseRecommendation: Do pass.
2020-06-24HouseWork Session held.
2020-06-24HousePublic Hearing held.
2020-06-24HouseReferred to The First Special Session of 2020.
2020-06-24HouseFirst reading. Referred to Speaker's desk.

Oregon State Sources


Bill Comments

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