OR SB59 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 3-0)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Increases maximum allowed amount of natural resource property credit against estate tax and maximum value of total adjusted gross estate eligible to claim credit. Increases maximum allowed amount of natural resource property credit against estate tax and maximum value of total adjusted gross estate eligible to claim credit. Applies to estates of decedents dying on or after January 1, 2024. Takes effect on 91st day following adjournment sine die.
Title
Relating to natural resource property credit against estate tax; prescribing an effective date.
Sponsors
| Sen. Lynn Findley [R] | Rep. Mark Owens [R] | Sen. Fred Girod [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-06-25 | Senate | In committee upon adjournment. |
| 2023-01-13 | Senate | Referred to Natural Resources, then Tax Expenditures. |
| 2023-01-09 | Senate | Introduction and first reading. Referred to President's desk. |
