l9n/ Oregon

2007 Regular Session

Senate Bill 39

Establishes reporting requirements and enhanced penalties for persons who use certain transactions to underpay tax liability.

Became law as Chapter 568, Oregon Laws 2007, signed June 25, 2007, 168 days after it was filed. In force from September 27, 2007.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Directs Department of Revenue to establish and promote voluntary compliance initiative for taxpayers who utilize listed transactions to underreport personal income or corporate income or excise taxes.</i>] Establishes reporting <i>and registration</i>] requirements and enhanced penalties for persons who use certain transactions <i>, or who serve as material advisors for certain transactions,</i>] to underpay tax liability. Extends period for which notice of deficiency may be issued in cases in which returns reflect use of certain transactions to underpay tax liability. <i>Directs Department of Revenue to establish general tax amnesty program of limited duration. Waives penalties for personal income taxpayers who pay outstanding taxes. Increases penalties on taxpayers who fail to fully participate. Sunsets amnesty program January 2, 2012.</i>] <i>Requires mandatory withholding of income tax from distributions from employer-sponsored retirement plans.</i>] <i>Allows Department of Revenue to disclose certain income tax return information to local governments.</i>] Takes effect on 91st day following adjournment sine die.

Its course

January 8 to July 3, 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 action30 actions on 29 days

In the SenateJan 8 to Apr 1799 days

Waiting for a committeeJan 8 to Jan 113 days

Finance and RevenueJan 11 to Apr 382 days

Finance and RevenueApr 5 to Apr 1611 days

In the House of RepresentativesApr 17 to Jun 852 days

Waiting for a committeeApr 17 to Apr 203 days

RevenueApr 20 to May 2939 days

With the GovernorJun 8 to Jun 2517 days

Votes

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

  • Senate, third reading27–0

    Passed · Apr 17 · 3 present

  • House of Representatives, third reading40–4

    Passed · Jun 8 · 16 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Apr 3

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 Senate Jan 8 – Apr 17

  1. Jan 8Introduced
  2. Jan 11Sent to Finance and Revenue
  3. Feb 14Heard in Finance and Revenue
  4. Mar 8Heard in Finance and Revenue
  5. Mar 15Heard in Finance and Revenue
  6. Mar 22Heard in Finance and Revenue
  7. Apr 3Finance and Revenue recommended it as amended
  8. Apr 4Read a second time
  9. Apr 5Sent to Finance and Revenue
  10. Apr 11Heard in Finance and Revenue
  11. Apr 16Finance and Revenue recommended it
  12. Apr 17Passed the Senate, 27 to 0

In the House of Representatives Apr 18 – Jun 8

  1. Apr 18Arrived in the House of Representatives
  2. Apr 20Sent to Revenue
  3. May 7Heard in Revenue
  4. May 25Heard in Revenue
  5. May 29Revenue recommended it
  6. May 30Read a second time
  7. Jun 8Passed the House of Representatives, 40 to 4

To the Governor Jun 14 – Jul 3

  1. Jun 14Signed in the Senate
  2. Jun 19Signed in the House of Representatives
  3. Jun 25Signed by the Governor
  4. Jul 3Became chapter 568 of Oregon Laws 2007
  5. In force from September 27, 2007
All 30 actions, as published
  1. Jan 8Introduction and first reading. Referred to President's desk.Senate
  2. Jan 11Referred to Finance and Revenue.Senate
  3. Feb 14Public Hearing held.Senate
  4. Mar 8Public Hearing held.Senate
  5. Mar 15Work Session held.Senate
  6. Mar 22Work Session held.Senate
  7. Apr 3Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  8. Apr 4Second reading.Senate
  9. Apr 5Motion to rerefer to Finance and Revenue carried on voice vote.Senate
  10. Apr 11Work Session held.Senate
  11. Apr 16Recommendation: Do pass the A-Eng. bill.Senate
  12. Apr 17Third reading. Carried by Monroe. Passed.Senate
  13. Apr 18First reading. Referred to Speaker's desk.House of Representatives
  14. Apr 20Referred to Revenue.House of Representatives
  15. May 7Public Hearing held.House of Representatives
  16. May 25Work Session held.House of Representatives
  17. May 29Recommendation: Do pass.House of Representatives
  18. May 30Second reading.House of Representatives
  19. May 31Rules suspended. Carried over to June 1, 2007 Calendar.House of Representatives
  20. Jun 1Rules suspended. Carried over to June 4, 2007 Calendar.House of Representatives
  21. Jun 4Rules suspended. Carried over to June 5, 2007 Calendar.House of Representatives
  22. Jun 5Rules suspended. Carried over to June 6, 2007 Calendar.House of Representatives
  23. Jun 6Rules suspended. Carried over to June 7, 2007 Calendar.House of Representatives
  24. Jun 7Rules suspended. Carried over to June 8, 2007 Calendar.House of Representatives
  25. Jun 8Third reading. Carried by Butler. Passed.House of Representatives
  26. Jun 14President signed.Senate
  27. Jun 19Speaker signed.House of Representatives
  28. Jun 25Governor signed.Senate
  29. Jul 3Chapter 568, 2007 Laws.Senate
  30. Jul 3Effective date, September 27, 2007.Senate