l9n/ Oregon

2008 Special Session

Senate Bill 1101

Limits requirement for withholding funds in real estate transfer involving nonresident transferor to authorized agent.

Became law as Chapter 54, Oregon Laws 2008, signed March 11, 2008, 36 days after it was filed. In force from May 23, 2008.

What it does

The synopsis the Legislative Assembly published with the bill.

Limits requirement for withholding funds in real estate transfer involving nonresident transferor to authorized agent. Provides that authorized agent may rely on transferor's written affirmation in determining amount of includable gain. Requires attorney to withhold funds <i>if</i>] <b>unless</b> licensed escrow agent <i>fails to comply with withholding requirements</i>]<b> is providing services in conveyance</b>. Permits Department of Revenue to recover penalty for noncompliance with withholding requirements.<b> Provides exception to requirements for licensed escrow agents if attorney also providing services in conveyance.</b> Applies to conveyances occurring on or after January 1, 2008. Exempts withholdings made or exemptions accepted prior to effective date of Act if in compliance with law existing before effective date. Takes effect on 91st day following adjournment sine die.

Sponsors

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

In the Senate

7 co-sponsors

Ted Ferrioli, Gary George, Larry George, David Nelson, Bruce Starr, Doug Whitsett, Jackie Winters

Its course

February 4 to March 18, 2008, 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 action22 actions on 15 days

In the SenateFeb 4 to Feb 139 days

Waiting for a committeeFeb 4 to Feb 40 days

Finance and RevenueFeb 4 to Feb 117 days

In the House of RepresentativesFeb 13 to Feb 229 days

Waiting for a committeeFeb 13 to Feb 130 days

RevenueFeb 13 to Feb 196 days

Back in the SenateFeb 22 to Feb 275 days

With the GovernorFeb 27 to Mar 1113 days

Votes

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

  • Senate, third reading29–0

    Passed · Feb 13 · 1 present

  • House of Representatives, third reading57–0

    Passed · Feb 22 · 3 present

  • Senate, concurrence29–1

    Agreed to the other chamber's changes · Feb 22

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Feb 11

  • House of Representatives committee amendmentAdopted

    Adopted Feb 19

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 Feb 4 – Feb 13

  1. Feb 4Introduced
  2. Sent to Finance and Revenue
  3. Feb 6Heard in Finance and Revenue
  4. Feb 8Heard in Finance and Revenue
  5. Feb 11Finance and Revenue recommended it as amended
  6. Feb 12Read a second time
  7. Feb 13Passed the Senate, 29 to 0

In the House of Representatives Feb 13 – Feb 22

  1. Feb 13Arrived in the House of Representatives
  2. Sent to Revenue
  3. Feb 18Heard in Revenue
  4. Feb 19Heard in Revenue
  5. Revenue recommended it as amended
  6. Feb 20Read a second time
  7. Feb 22Passed the House of Representatives, 57 to 0

Back in the Senate Feb 22 – Feb 27

  1. Feb 22The Senate agreed to the House of Representatives's amendments and passed it again, 29 to 1
  2. Feb 27Signed in the Senate

To the Governor Mar 4 – Mar 18

  1. Mar 4Signed in the House of Representatives
  2. Mar 11Signed by the Governor
  3. Mar 18Became chapter 54 of Oregon Laws 2008
  4. In force from May 23, 2008
All 22 actions, as published
  1. Feb 4Introduction and first reading. Referred to President's desk.Senate
  2. Feb 4Referred to Finance and Revenue.Senate
  3. Feb 6Public Hearing and Work Session held.Senate
  4. Feb 8Work Session held.Senate
  5. Feb 11Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  6. Feb 12Second reading.Senate
  7. Feb 13Third reading. Carried by Burdick. Passed.Senate
  8. Feb 13First reading. Referred to Speaker's desk.House of Representatives
  9. Feb 13Referred to Revenue.House of Representatives
  10. Feb 18Public Hearing held.House of Representatives
  11. Feb 19Work Session held.House of Representatives
  12. Feb 19Recommendation: Do pass with amendments and be printed B-Engrossed.House of Representatives
  13. Feb 20Second reading.House of Representatives
  14. Feb 21Rules suspended. Carried over to February 22, 2008 Calendar.House of Representatives
  15. Feb 22Third reading. Carried by Read. Passed.House of Representatives
  16. Feb 22Potential conflict(s) of interest declared by Bentz.House of Representatives
  17. Feb 22Rules suspended. Senate concurred in House amendments and repassed bill.Senate
  18. Feb 27President signed.Senate
  19. Mar 4Speaker signed.House of Representatives
  20. Mar 11Governor signed.Senate
  21. Mar 18Chapter 54, 2008 Laws.Senate
  22. Mar 18Effective date, May 23, 2008.Senate