Bill Text: OR HB4005 | 2012 | Regular Session | Engrossed

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to a tax credit for livestock killed by predators; and prescribing an effective date.

Spectrum: Unknown

Status: (Passed) 2012-03-27 - Chapter 65, (2012 Laws): Effective date June 4, 2012. [HB4005 Detail]

Download: Oregon-2012-HB4005-Engrossed.html

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     76th OREGON LEGISLATIVE ASSEMBLY--2012 Regular Session

HA to A-Eng. HB 4005

LC 89/HB 4005-A4

                       HOUSE AMENDMENTS TO
                   A-ENGROSSED HOUSE BILL 4005

                     By COMMITTEE ON REVENUE

                           February 23

  On page 1 of the printed A-engrossed bill, line 9, delete '
or'.
  In line 10, delete 'cougar'.
  Delete lines 11 through 14 and insert:
  ' (3) In order to qualify for the credit allowed under this
section, the taxpayer must obtain written certification from the
State Department of Fish and Wildlife as provided in subsection
(4) of this section.
  ' (4)(a) The State Department of Fish and Wildlife shall issue
written certification to taxpayers that are eligible to claim the
credit allowed under this section. Before issuing a certification
under this subsection, the department must possess evidence that
the loss to a taxpayer's livestock is due to wolf depredation.
The evidence must include a finding by the department or by a
peace officer, as defined in ORS 161.015, that wolf depredation
was the probable cause of the loss.
  ' (b) The department may not issue certifications for more than
$15,000 in tax credits for any tax year. The department shall
issue certifications to taxpayers in the order in which completed
applications for certification are received by the department.'.
  In line 15, delete '(4)' and insert '(5)'.
  After line 17, insert:
  ' (6) A taxpayer may not claim a credit under this section for:
  ' (a) Any tax year that ends after the date on which the State
Fish and Wildlife Commission has, by rule, removed the wolf from
the list of endangered species established pursuant to ORS
496.172 (2); or
  ' (b) A loss to livestock killed after June 30, 2018.'.
  In line 18, delete '(5)' and insert '(7)'.
  In line 24, delete '(6)' and insert '(8)'.
  In line 26, delete '(7)' and insert '(9)'.
  On page 2, line 6, delete '(8)' and insert '(10)'.
  In line 15, after '2012' insert ', and before January 1, 2019'.
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