OR HB2433 | 2021 | Regular Session
Status
Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on September 25 2021 - 100% progression
Action: 2021-09-25 - Chapter 525, (2021 Laws): Effective date September 25, 2021.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Bipartisan Bill
Status: Passed on September 25 2021 - 100% progression
Action: 2021-09-25 - Chapter 525, (2021 Laws): Effective date September 25, 2021.
Text: Latest bill text (Enrolled) [PDF]
Summary
Modifies provisions allowing for income and corporate excise tax credits. Directs Legislative Revenue Officer to study state and local tax systems and report findings to interim committees of Legislative Assembly related to revenue no later than September 15, 2022.] Modifies provisions allowing for income and corporate excise tax credits. Extends or establishes sunsets for certain tax expenditures. Increases limitations on tax credits allowed for all taxpayers, for certain tax credits. Creates subtraction from federal taxable income for amounts received as AmeriCorps national service educational awards, for personal income taxpayers. Applies to amounts received in tax years beginning on or after January 1, 2021, and before January 1, 2027. Exempts from state and local transient lodging taxes military lodging used for temporary overnight human occupancy by active or retired members or service veterans of Armed Forces of the United States or National Guard or by employees or agents of Oregon Military Department. Takes effect on 91st day following adjournment sine die.
Title
Relating to taxation; and prescribing an effective date.
Sponsors
Roll Calls
2021-06-24 - Senate - Senate Third Reading (Y: 23 N: 6 NV: 0 Abs: 1) [PASS]
2021-06-17 - House - House Third Reading (Y: 59 N: 0 NV: 0 Abs: 0) [PASS]
2021-06-14 - House - House Committee Do pass with amendments. (Printed A-Eng.) (Y: 10 N: 2 NV: 0 Abs: 0) [PASS]
2021-05-17 - House - House Committee (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2021-06-17 - House - House Third Reading (Y: 59 N: 0 NV: 0 Abs: 0) [PASS]
2021-06-14 - House - House Committee Do pass with amendments. (Printed A-Eng.) (Y: 10 N: 2 NV: 0 Abs: 0) [PASS]
2021-05-17 - House - House Committee (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2021-09-25 | House | Chapter 525, (2021 Laws): Effective date September 25, 2021. |
| 2021-07-19 | House | Governor signed. |
| 2021-06-26 | Senate | President signed. |
| 2021-06-25 | House | Speaker signed. |
| 2021-06-24 | Senate | Vote explanation(s) filed by Heard. |
| 2021-06-24 | Senate | Third reading. Carried by Burdick. Passed. Ayes, 23; Nays, 6--Boquist, Findley, Girod, Heard, Linthicum, Thatcher; Excused, 1--Manning Jr. |
| 2021-06-23 | Senate | Rules suspended. Carried over to 06-24 by unanimous consent. |
| 2021-06-23 | Senate | Second reading. |
| 2021-06-23 | Senate | Recommendation: Do pass the A-Eng. bill. |
| 2021-06-17 | Senate | Referred to Tax Expenditures. |
| 2021-06-17 | Senate | First reading. Referred to President's desk. |
| 2021-06-17 | House | Rules suspended. Third reading. Carried by Nathanson. Passed. Ayes, 59. |
| 2021-06-17 | House | Second reading. |
| 2021-06-16 | House | Recommendation: Do pass with amendments and be printed A-Engrossed. |
| 2021-06-14 | House | Work Session held. |
| 2021-06-11 | House | Work Session held. |
| 2021-06-10 | House | Public Hearing held. |
| 2021-06-07 | House | Referred to Tax Expenditures by order of Speaker. |
| 2021-06-07 | House | Recommendation: Do pass and be referred to Tax Expenditures. |
| 2021-05-17 | House | Work Session held. |
| 2021-03-29 | House | Public Hearing held. |
| 2021-01-19 | House | Referred to Revenue. |
| 2021-01-11 | House | First reading. Referred to Speaker's desk. |
