l9n/ Oregon

2007 Regular Session

House Bill 2031

Allows tax credit against corporate taxes otherwise due to C corporation taxpayer with Oregon sales of less than $5 million for tax year beginning on or after January 1, 2007, and before January 1, 2008.

Became law as Chapter 4, Oregon Laws 2007, signed March 16, 2007, 67 days after it was filed. In force from September 27, 2007.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Provides that first $2 million of adjusted taxable estate is exempt from inheritance tax and that inheritance tax return is not required unless value of gross estate is more than $2 million.</i>] <i>Establishes graduated minimum tax schedule for C corporations based on amount of Oregon sales. Provides tax credit to certain C corporations with Oregon sales of less than $5 million for tax year that begins on or after January 1, 2007, and before January 1, 2008.</i>] <b>Allows tax credit against corporate taxes otherwise due to C corporation taxpayer with Oregon sales of less than $5 million for tax year beginning on or after January 1, 2007, and before January 1, 2008. Becomes operative only if C-engrossed House Bill 2707 relating to Oregon Rainy Day Fund passes both houses of Legislative Assembly and is signed by Governor on or before March 16, 2007. Takes effect on 91st day following adjournment sine die.

Its course

January 8 to March 16, 2007, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action25 actions on 11 days

In the House of RepresentativesJan 8 to Mar 859 days

Waiting for a committeeJan 8 to Jan 102 days

RevenueJan 10 to Mar 655 days

RevenueMar 7 to Mar 81 day

In the SenateMar 8 to Mar 157 days

Waiting for a committeeMar 8 to Mar 80 days

Finance and RevenueMar 8 to Mar 146 days

With the GovernorMar 15 to Mar 161 day

Votes

Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

  • House of Representatives, third reading53–4

    Passed · Mar 8 · 3 present

  • Senate, third reading22–7

    Passed · Mar 15 · 1 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Mar 6

  • House of Representatives committee amendmentAdopted

    Adopted Mar 8

Text

Each version as the Legislative Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

In the House of Representatives Jan 8 – Mar 8

  1. Jan 8Introduced
  2. Jan 10Sent to Revenue
  3. Jan 29Heard in Revenue
  4. Mar 5Heard in Revenue
  5. Mar 6Revenue recommended it as amended
  6. Mar 7Read a second time
  7. Read a third time
  8. Sent to Revenue
  9. Mar 8Heard in Revenue
  10. Revenue recommended it as amended
  11. Passed the House of Representatives, 53 to 4

In the Senate Mar 8 – Mar 15

  1. Mar 8Arrived in the Senate
  2. Sent to Finance and Revenue
  3. Mar 12Heard in Finance and Revenue
  4. Mar 14Finance and Revenue recommended it
  5. Read a second time
  6. Mar 15Passed the Senate, 22 to 7

To the Governor Mar 15 – Mar 16

  1. Mar 15Signed in the House of Representatives
  2. Signed in the Senate
  3. Mar 16Signed by the Governor
  4. Became chapter 4 of Oregon Laws 2007, in force from September 27, 2007
All 25 actions, as published
  1. Jan 8First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 10Referred to Revenue with subsequent referral to Ways and Means.House of Representatives
  3. Jan 29Public Hearing held.House of Representatives
  4. Mar 5Work Session held.House of Representatives
  5. Mar 6Recommendation: Do pass with amendments, be printed A-Engrossed, and subsequent referral to Ways and Means be rescinded.House of Representatives
  6. Mar 6Subsequent referral to Ways and Means rescinded by order of Speaker.House of Representatives
  7. Mar 7Rules suspended. Second reading.House of Representatives
  8. Mar 7Rules suspended. Third reading.House of Representatives
  9. Mar 7Motion to rerefer to Revenue carried. Rereferred.House of Representatives
  10. Mar 8Rules suspended. Public Hearing and Work Session held.House of Representatives
  11. Mar 8Recommendation: Do pass with amendments and be printed B-Engrossed.House of Representatives
  12. Mar 8Amendments distributed.House of Representatives
  13. Mar 8Rules suspended. Read. Carried by Barnhart. Passed.House of Representatives
  14. Mar 8Vote explanation(s) filed by Boquist, Gilliam, Girod.House of Representatives
  15. Mar 8First reading. Referred to President's desk.Senate
  16. Mar 8Referred to Finance and Revenue.Senate
  17. Mar 12Public Hearing and Work Session held.Senate
  18. Mar 14Recommendation: Do pass the B-Eng. bill.Senate
  19. Mar 14Second reading.Senate
  20. Mar 15Made a Special Order of Business by unanimous consent.Senate
  21. Mar 15Third reading. Carried by Nelson. Passed.Senate
  22. Mar 15Speaker signed.House of Representatives
  23. Mar 15President signed.Senate
  24. Mar 16Governor signed.House of Representatives
  25. Mar 16Chapter 4, (2007 Laws): Effective date September 27, 2007.House of Representatives