OR SB1534 | 2014 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Passed on April 3 2014 - 100% progression
Action: 2014-04-03 - Effective date, June 6, 2014.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Unknown
Status: Passed on April 3 2014 - 100% progression
Action: 2014-04-03 - Effective date, June 6, 2014.
Text: Latest bill text (Enrolled) [PDF]
Summary
Makes corrections to provisions related to income tax subtraction for senior medical expenses, tax treatment of domestic international sales corporations and distribution of proceeds from cigarette tax. Modifies conditions for optional reduced rates of personal income tax on nonpassive income attributable to partnership or S corporation to align material participation requirement with federal provision. States that provision allowing Department of Revenue to waive penalty or interest on underpayment or underreporting of taxes attributable to retroactive application of legislation applies to immediate tax year. Provides that additional personal exemption credits allowed for child with disability or for taxpayer with severe disability are not phased out or eliminated based on income. Applies to tax years beginning on or after January 1, 2013. Retroactively reinstates reciprocal tax exemptions applicable to interstate bridges. Modifies terminology relating to exemption from taxable income of compensation paid to nonresidents for duties performed on vessels. Provides that penalties for failure to substantiate reports required to be made to Department of Revenue apply per individual federal form W-2. Applies to tax years beginning on or after January 1, 2014. Provides that income tax assessment imposed on residents of county affected by fiscal emergency, if imposed on nonresident, shall be prorated according to provisions applicable to personal income tax. Takes effect on 91st day following adjournment sine die.
Title
Relating to taxation; and prescribing an effective date.
Sponsors
| No sponsor information available at this time. |
Roll Calls
2014-03-07 - Senate - Senate Third Reading in Concurrence (Y: 30 N: 0 NV: 0 Abs: 0) [PASS]
2014-03-06 - House - House Third Reading (Y: 55 N: 0 NV: 0 Abs: 5) [PASS]
2014-03-05 - House - House Committee Do pass as amended and be printed engrossed (Y: 5 N: 0 NV: 0 Abs: 4) [PASS]
2014-02-25 - House - House Committee Do pass as amended and be printed engrossed (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-21 - Senate - Senate Third Reading (Y: 27 N: 0 NV: 0 Abs: 3) [PASS]
2014-02-17 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2014-03-06 - House - House Third Reading (Y: 55 N: 0 NV: 0 Abs: 5) [PASS]
2014-03-05 - House - House Committee Do pass as amended and be printed engrossed (Y: 5 N: 0 NV: 0 Abs: 4) [PASS]
2014-02-25 - House - House Committee Do pass as amended and be printed engrossed (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-21 - Senate - Senate Third Reading (Y: 27 N: 0 NV: 0 Abs: 3) [PASS]
2014-02-17 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2014-04-03 | Senate | Effective date, June 6, 2014. |
| 2014-04-03 | Senate | Chapter 114, 2014 Laws. |
| 2014-04-01 | Senate | Governor signed. |
| 2014-03-11 | House | Speaker signed. |
| 2014-03-11 | Senate | President signed. |
| 2014-03-07 | Senate | Senate concurred in House amendments and repassed bill.Ayes, 30. |
| 2014-03-06 | House | Vote explanation(s) filed by Bentz, Davis. |
| 2014-03-06 | House | Third reading. Carried by Barnhart. Passed.Ayes, 55; Excused, 3--Berger, Boone, Weidner; Excused for Business of the House, 2--Read, Williamson. |
| 2014-03-06 | House | Recommendation: Do pass with amendments and be printed C-Engrossed. |
| 2014-03-05 | House | Work Session held. |
| 2014-03-04 | House | Motion to refer to Revenue carried. Referred. |
| 2014-03-04 | House | Third reading. Carried by Barnhart. |
| 2014-03-03 | House | Rules suspended. Carried over to March 4, 2014 Calendar. |
| 2014-02-28 | House | Rules suspended. Carried over to March 3, 2014 Calendar. |
| 2014-02-27 | House | Second reading. |
| 2014-02-26 | House | Recommendation: Do pass with amendments and be printed B-Engrossed. |
| 2014-02-25 | House | Public Hearing and Work Session held. |
| 2014-02-21 | House | Referred to Revenue. |
| 2014-02-21 | House | First reading. Referred to Speaker's desk. |
| 2014-02-21 | Senate | Third reading. Carried by Burdick. Passed.Ayes, 27; excused, 3--Beyer, Olsen, Winters. |
| 2014-02-20 | Senate | Second reading. |
| 2014-02-19 | Senate | Recommendation: Do pass with amendments. (Printed A-Eng.) |
| 2014-02-17 | Senate | Work Session held. |
| 2014-02-10 | Senate | Work Session cancelled. |
| 2014-02-05 | Senate | Public Hearing held. |
| 2014-02-03 | Senate | Referred to Finance and Revenue. |
| 2014-02-03 | Senate | Introduction and first reading. Referred to President's desk. |
