l9n/ Oregon

2009 Regular Session

House Bill 2649

Increases tax rates for individuals with taxable income above $125,000 for tax years beginning on or after January 1, 2009.

Became law as Chapter 746, Oregon Laws 2009, signed July 20, 2009, 158 days after it was filed. In force from September 28, 2009.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Establishes 7.5 percent Oregon alternative minimum tax for taxpayers with federal adjusted gross income exceeding $125,000.</i>] <i>Applies to tax years beginning on or after January 1, 2010.</i>] <b>Increases tax rates for individuals with taxable income above $125,000 for tax years beginning on or after January 1, 2009. Establishes increased tax rate for individuals with taxable income above $250,000 for tax years beginning on or after January 1, 2009, and before January 1, 2012. Decreases tax rate for individuals with taxable income above $125,000 for tax years beginning on or after January 1, 2012. Phases out subtraction for federal income taxes paid for taxpayer with federal adjusted gross income of $125,000 or more for individual return and $250,000 or more for joint return. Eliminates subtraction for taxpayer with adjusted gross income of $145,000 or more for individual return and $290,000 or more for joint return. Applies to tax years beginning on or after January 1, 2009. Exempts first $2,400 in unemployment compensation from Oregon personal income tax for tax years beginning on or after January 1, 2009, and before January 1, 2010. Directs Department of Revenue to waive penalty or interest for taxpayer who underpays or underreports as result of changes to tax law in Act. Applies to tax years beginning on or after January 1, 2009, and before January 1, 2010.</b> 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 House of Representatives

    1 co-sponsor

    HREV

    Its course

    February 12 to July 20, 2009, 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 action28 actions on 15 days

    In the House of RepresentativesFeb 12 to Jun 9117 days

    Waiting for a committeeFeb 12 to Feb 175 days

    RevenueFeb 17 to Jun 4107 days

    Ways and MeansJun 4 to Jun 5 · moved on1 day

    EducationJun 5 to Jun 5 · moved on0 days

    Ways and MeansJun 5 to Jun 50 days

    In the SenateJun 9 to Jun 112 days

    Waiting for a committeeJun 9 to Jun 101 day

    Ways and MeansJun 10 to Jun 100 days

    With the GovernorJun 11 to Jul 2039 days

    Votes

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

    • House of Representatives, third reading37–23

      Passed · Jun 9

    • Senate, third reading24–5

      Jun 10 · 1 present

    • Senate, third reading19–10

      Jun 11 · 1 present

    • Senate, third reading18–11

      Passed · Jun 11 · 1 present

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives committee amendmentAdopted

      Adopted Jun 4

    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 12 – Jun 9

    1. Feb 12Introduced
    2. Feb 17Sent to Revenue
    3. Feb 27Heard in Revenue
    4. May 27Heard in Revenue
    5. May 28Heard in Revenue
    6. Jun 2Heard in Revenue
    7. Jun 4Heard in Revenue
    8. Revenue recommended it as amended, and that it go to Ways and Means
    9. Sent to Ways and Means
    10. Jun 5Sent to Education Subcommittee
    11. Heard in Education Subcommittee
    12. Returned to Ways and Means
    13. Heard in Ways and Means
    14. Ways and Means recommended it
    15. Jun 8Read a second time
    16. Jun 9Passed the House of Representatives, 37 to 23

    In the Senate Jun 10 – Jun 11

    1. Jun 10Arrived in the Senate
    2. Sent to Ways and Means
    3. Ways and Means recommended it
    4. Read a second time
    5. Tabled
    6. Jun 11Passed the Senate, 18 to 11

    To the Governor Jun 25 – Jul 20

    1. Jun 25Signed in the House of Representatives
    2. Jun 26Signed in the Senate
    3. Jul 20Signed by the Governor
    4. Became chapter 746 of Oregon Laws 2009, in force from September 28, 2009
    All 28 actions, as published
    1. Feb 12First reading. Referred to Speaker's desk.House of Representatives
    2. Feb 17Referred to Revenue.House of Representatives
    3. Feb 27Public Hearing held.House of Representatives
    4. May 27Public Hearing and Work Session held.House of Representatives
    5. May 28Work Session held.House of Representatives
    6. Jun 2Public Hearing and Work Session held.House of Representatives
    7. Jun 4Work Session held.House of Representatives
    8. Jun 4Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.House of Representatives
    9. Jun 4Referred to Ways and Means by order of Speaker.House of Representatives
    10. Jun 5Assigned to Subcommittee On Education.House of Representatives
    11. Jun 5Work Session held.House of Representatives
    12. Jun 5Returned to Full Committee.House of Representatives
    13. Jun 5Work Session held.House of Representatives
    14. Jun 5Recommendation: Do pass.House of Representatives
    15. Jun 8Second reading.House of Representatives
    16. Jun 8Rules suspended. Made a Special Order of Business on June 9, 2009 Calendar.House of Representatives
    17. Jun 9Third reading. Carried by Barnhart. Passed.House of Representatives
    18. Jun 10First reading. Referred to President's desk.Senate
    19. Jun 10Referred to Ways and Means.Senate
    20. Jun 10Recommendation: Do pass the A-Eng. bill.Senate
    21. Jun 10Rules suspended. Second reading.Senate
    22. Jun 10Rules suspended. Motion to lay on the table carried.Senate
    23. Jun 11Motion to take from table carried.Senate
    24. Jun 11Third reading. Carried by Burdick. Passed.Senate
    25. Jun 25Speaker signed.House of Representatives
    26. Jun 26President signed.Senate
    27. Jul 20Governor signed.House of Representatives
    28. Jul 20Chapter 746, (2009 Laws): Effective date September 28, 2009.House of Representatives