SB 1528

  • Oregon Senate Bill
  • 2018 Regular Session
  • Introduced in Senate Feb 26, 2018
  • Senate
  • House
  • Signed by Governor Apr 13, 2018

Relating to taxation; and prescribing an effective date.

Abstract

Creates tax credit for contributions to Opportunity Grant Fund. Directs Department of Revenue, in cooperation with Higher Education Coordinating Commission, to conduct auction of tax credits. Establishes Opportunity Grant Fund. Directs commission to use moneys in fund for Oregon Opportunity Grant program. Limits amount of credits per fiscal year. Applies to tax years beginning on or after January 1, 2018, and before January 1, 2024. Requires, for Oregon income tax purposes, addition to federal taxable income of amount of federal deduction for qualified business income from pass-through entity. Applies to tax years beginning on or after January 1, 2018. Expands availability of elective reduced tax rate for certain pass-through income to taxpayer doing business as sole proprietor. Disallows qualification for elective reduced rate using hours performed by employees performing in certain industry sectors. Limits amount of income for which reduced rate may be elected. Applies to tax years beginning on or after January 1, 2018.] Increases amount of personal exemption tax credit. Applies to tax years beginning on or after January 1, 2018, and before January 1, 2026.] Takes effect on 91st day following adjournment sine die.

Bill Sponsors (0)

Votes


Actions


Apr 17, 2018

Oregon Legislative Assembly

Effective date, June 2, 2018.

Apr 17, 2018

Oregon Legislative Assembly

Chapter 108, 2018 Laws.

Apr 13, 2018

Oregon Legislative Assembly

Governor signed.

Mar 06, 2018

Oregon Legislative Assembly

Speaker signed.

Mar 03, 2018

Oregon Legislative Assembly

President signed.

Mar 02, 2018

Oregon Legislative Assembly

Vote explanation(s) filed by Evans, Meek, Smith DB.

Mar 02, 2018

Oregon Legislative Assembly

Third reading. Carried by Barnhart. Passed.

Mar 02, 2018

Oregon Legislative Assembly

Motion to substitute Minority Report for Committee Report failed.

Mar 02, 2018

Oregon Legislative Assembly

Second reading.

Mar 02, 2018

Oregon Legislative Assembly

Minority Recommendation: Do pass with amendments to the B-Eng bill and be printed C-Engrossed.

Mar 02, 2018

Oregon Legislative Assembly

Recommendation: Do pass the B-Eng bill.

Feb 28, 2018

Oregon Legislative Assembly

Public Hearing and Work Session held.

Feb 26, 2018

Oregon Legislative Assembly

Referred to Revenue.

Feb 26, 2018

Oregon Legislative Assembly

First reading. Referred to Speaker's desk.

Feb 23, 2018

Oregon Legislative Assembly

Vote explanation filed by DeBoer.

Feb 23, 2018

Oregon Legislative Assembly

Winters declared potential conflict of interest by unanimous consent.

Feb 23, 2018

Oregon Legislative Assembly

Boquist declared potential conflict of interest.

Feb 23, 2018

Oregon Legislative Assembly

Third reading. Carried by Hass. Passed.

Feb 22, 2018

Oregon Legislative Assembly

Second reading.

Feb 21, 2018

Oregon Legislative Assembly

Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)

Feb 20, 2018

Oregon Legislative Assembly

Work Session held.

Feb 15, 2018

Oregon Legislative Assembly

Motion to rerefer to Finance and Revenue carried by voice vote.

Feb 14, 2018

Oregon Legislative Assembly

Carried over to 02-15 by unanimous consent.

Feb 13, 2018

Oregon Legislative Assembly

Carried over to 02-14 by unanimous consent.

Feb 12, 2018

Oregon Legislative Assembly

Second reading.

Feb 09, 2018

Oregon Legislative Assembly

Recommendation: Do pass with amendments. (Printed A-Eng.)

Feb 09, 2018

Oregon Legislative Assembly

Work Session held.

Feb 08, 2018

Oregon Legislative Assembly

Work Session held.

Feb 06, 2018

Oregon Legislative Assembly

Public Hearing and Work Session held.

Feb 05, 2018

Oregon Legislative Assembly

Referred to Finance and Revenue.

Feb 05, 2018

Oregon Legislative Assembly

Introduction and first reading. Referred to President's desk.

Jan 22, 2018

Oregon Legislative Assembly

Presession Released to the Public.

Bill Text

Bill Text Versions Format
Senate Amendments to Introduced PDF
Senate Amendments to A-Engrossed PDF
Minority Report to C-Engrossed PDF
Introduced PDF
House Minority Amendments to B-Engrossed PDF
Enrolled PDF
B-Engrossed PDF
A-Engrossed PDF

Related Documents

Document Format
No related documents.

Sources

Data on Open States is updated periodically throughout the day from the official website of the Oregon Legislative Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.