Bill Text: OR HB2897 | 2011 | Regular Session | Introduced
Bill Title: Relating to income tax subtractions for mileage of volunteers; prescribing an effective date.
Sponsorship: Partisan Bill (Republican 1)
Status: (Failed) 2011-06-30 - In committee upon adjournment. [HB2897 Detail]
Download: Oregon-2011-HB2897-Introduced.html
76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session
NOTE: Matter within { + braces and plus signs + } in an
amended section is new. Matter within { - braces and minus
signs - } is existing law to be omitted. New sections are within
{ + braces and plus signs + } .
LC 2451
House Bill 2897
Sponsored by Representative KENNEMER (Presession filed.)
SUMMARY
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.
Creates subtraction from taxable income for mileage of
volunteers.
Applies to tax years beginning on or after January 1, 2012.
Takes effect on 91st day following adjournment sine die.
A BILL FOR AN ACT
Relating to income tax subtractions for mileage of volunteers;
and prescribing an effective date.
Be It Enacted by the People of the State of Oregon:
SECTION 1. { + Section 2 of this 2011 Act is added to and made
a part of ORS chapter 316. + }
SECTION 2. { + In addition to the other modifications to
federal taxable income contained in this chapter, a taxpayer is
allowed a subtraction for use of the taxpayer's motor vehicle in
the performance of volunteer services. A taxpayer may subtract
from federal taxable income an amount equal to 10 cents per mile
multiplied by the number of miles driven in the performance of
volunteer services. + }
SECTION 3. { + Section 2 of this 2011 Act applies to tax years
beginning on or after January 1, 2012. + }
SECTION 4. { + This 2011 Act takes effect on the 91st day
after the date on which the 2011 session of the Seventy-sixth
Legislative Assembly adjourns sine die. + }
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