OR SB562 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]
Summary
Creates income tax credit for taxpayers that expand workforce with positions that pay above average wage by 10 percent or more in tax year. Applies to tax years beginning on or after January 1, 2020. Takes effect on 91st day following adjournment sine die.
Title
Relating to a tax credit for workforce expansion; prescribing an effective date.
Sponsors
| Sen. Tim Knopp [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-06-30 | Senate | In committee upon adjournment. |
| 2019-01-16 | Senate | Referred to Workforce, then Finance and Revenue, then Tax Expenditures. |
| 2019-01-14 | Senate | Introduction and first reading. Referred to President's desk. |
Oregon State Sources
| Type | Source |
|---|---|
| Summary | https://olis.oregonlegislature.gov/liz/2019R1/Measures/Overview/SB562 |
| Text | https://olis.oregonlegislature.gov/liz/2019R1/Downloads/MeasureDocument/SB562/Introduced |
