Oregon House Bill 2158 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Unknown
Status: Failed on July 6 2015 - 100% progression
Action: 2015-07-06 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Provides for increase in income and corporate excise tax rates if high school graduation rates fall below certain percentage. Provides for subsequent decrease in income and corporate excise tax rates to rates in current law if high school graduation rates are raised to certain percentage. Becomes operative when Superintendent of Public Instruction announces high school graduation rates that meet thresholds. Applies to tax years beginning on or after January 1 following announcement. Directs that revenues received due to imposition of income and excise tax rates above rates in current law are to be transferred to School Improvement Fund. Takes effect on 91st day following adjournment sine die.

Relating to state finance; prescribing an effective date.

No sponsor information available at this time.

2015-06-26 - House - House Committee Without recommendation as to passage and be referred to Tax Credits (Y: 5 N: 4 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2015-07-06	House	In committee upon adjournment.
2015-06-30	House	Referred to Tax Credits by order of Speaker.
2015-06-30	House	Without recommendation as to passage and be referred to Tax Credits.
2015-06-26	House	Work Session held.
2015-04-20	House	Public Hearing held.
2015-01-16	House	Referred to Revenue.
2015-01-12	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2015R1/Measures/Overview/HB2158
Text	https://olis.oregonlegislature.gov/liz/2015R1/Downloads/MeasureDocument/HB2158/Introduced
Roll Call	https://olis.oregonlegislature.gov/liz/2015R1/CommitteeReports/MajorityReport/23200