Oregon Senate Bill 137 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Unknown
Status: Failed on June 26 2021 - 100% progression
Action: 2021-06-26 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Updates connection date to federal Internal Revenue Code and other provisions of federal tax law. Updates connection date to federal Internal Revenue Code and other provisions of federal tax law. Expands types of expenses, in conformity with federal law, for which use of withdrawal from higher education savings network account is qualified withdrawal for purpose of tax-advantaged treatment. Conforms age limits, applicable to retirement and to commencing payment of benefits, to federal law, for purposes of Public Employees Retirement System. Applies to transactions or activities occurring on or after January 1, 2021, in tax years beginning on or after January 1, 2021. Takes effect on 91st day following adjournment sine die.

Relating to connection to federal tax law; prescribing an effective date.

No sponsor information available at this time.

Date	Chamber	Action
2021-06-26	Senate	In committee upon adjournment.
2021-05-25	Senate	Public Hearing held.
2021-02-22	Senate	Public Hearing held.
2021-02-16	Senate	Public Hearing Cancelled.
2021-02-03	Senate	Public Hearing held.
2021-01-19	Senate	Referred to Finance and Revenue.
2021-01-11	Senate	Introduction and first reading. Referred to President's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/SB137
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB137/Introduced