l9n/ Oregon

2007 Regular Session

House Bill 2707

Establishes Oregon Rainy Day Fund.

Became law as Chapter 5, Oregon Laws 2007, signed March 16, 2007, 31 days after it was filed. In force from May 1, 2007.

What it does

The synopsis the Legislative Assembly published with the bill.

Establishes Oregon Rainy Day Fund. Increases amount of estimate of revenues that will be received from corporate income and excise taxes for biennium beginning July 1, 2005. Requires distribution of difference between amount actually collected and amount estimated after close of 2005 regular session. Establishes formula for transfer of moneys to Oregon Rainy Day Fund in subsequent biennia. <i>Declares emergency, effective on passage.</i>] <b>Becomes operative only if B-engrossed House Bill 2031 relating to corporate taxation passes both houses of Legislative Assembly and is signed by Governor on or before March 16, 2007. Declares emergency, effective May 1, 2007.</b>

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

    1 co-sponsor

    HREV

    Its course

    February 13 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 action38 actions on 15 days

    In the House of RepresentativesFeb 13 to Mar 823 days

    Waiting for a committeeFeb 13 to Feb 130 days

    RevenueFeb 13 to Feb 229 days

    RevenueMar 1 to Mar 65 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 reading26–31

      Feb 27 · 3 present

    • House of Representatives, third reading32–25

      Feb 27 · 3 present

    • Revenue26–31

      Feb 27 · 3 present

    • House of Representatives, third reading31–26

      Failed · Feb 27 · 3 present

    • House of Representatives, third reading54–0

      Mar 1 · 6 present

    • House of Representatives, third reading48–9

      Passed · Mar 8 · 3 present

    • Senate, third reading11–18

      Mar 15 · 1 present

    • Senate, third reading21–8

      Passed · Mar 15 · 1 present

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives committee amendmentAdopted

      Adopted Feb 22

    • 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 Feb 13 – Mar 8

    1. Introduced
    2. Sent to Revenue
    3. Heard in Revenue
    4. Heard in Revenue
    5. Revenue recommended it as amended
    6. Read a second time
    7. Read a third time
    8. Failed in the House of Representatives, 31 to 26
    9. Sent to Revenue
    10. Heard in Revenue
    11. Revenue recommended it as amended
    12. Read a third time
    13. Sent to Revenue
    14. Heard in Revenue
    15. Revenue recommended it as amended
    16. Passed the House of Representatives, 48 to 9

    In the Senate Mar 8 – Mar 15

    1. Arrived in the Senate
    2. Sent to Finance and Revenue
    3. Heard in Finance and Revenue
    4. Finance and Revenue recommended it
    5. Read a second time
    6. Passed the Senate, 21 to 8

    To the Governor Mar 15 – Mar 16

    1. Signed in the House of Representatives
    2. Signed in the Senate
    3. Signed by the Governor
    4. Became chapter 5 of Oregon Laws 2007, in force from May 1, 2007
    All 38 actions, as published