OR SB540 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 5-3)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - At President's desk upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Slight Partisan Bill (Republican 5-3)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - At President's desk upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Exempts from state income for taxpayers 62 years of age or younger receiving retirement pay or pension for service in Armed Forces of the United States up to $17,500 in retirement pay or pension received for service in Armed Forces of the United States and up to $17,500 in retirement pay or pension received from other sources. Exempts from state income for taxpayers 62 years of age or younger receiving retirement pay or pension for service in Armed Forces of the United States up to $17,500 in retirement pay or pension received for service in Armed Forces of the United States and up to $17,500 in retirement pay or pension received from other sources. Applies to tax years beginning on or after January 1, 2023.
Title
Relating to taxable income exemption for military taxpayers.
Sponsors
| Sen. Janeen Sollman [D] | Sen. Mark Meek [D] | Sen. Kim Thatcher [R] | Sen. Lynn Findley [R] |
| Sen. Fred Girod [R] | Sen. Tim Knopp [R] | Sen. David Smith [R] | Rep. John Lively [D] |
Roll Calls
2023-06-22 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 4 N: 1 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-06-25 | Senate | At President's desk upon adjournment. |
| 2023-06-22 | Senate | Work Session held. |
| 2023-06-21 | Senate | Work Session cancelled. |
| 2023-03-22 | Senate | Public Hearing held. |
| 2023-02-01 | Senate | Public Hearing held. |
| 2023-01-14 | Senate | Referred to Finance and Revenue. |
| 2023-01-09 | Senate | Introduction and first reading. Referred to President's desk. |
