l9n/ Oregon

2009 Regular Session

House Bill 3305

For purposes of natural resource property or commercial fishing property inheritance tax credit, allows credit equal to tax otherwise due for eligible property with value less than $7.5 million and phases out credit for property with value up to $15 million.

Did not become law. It stopped in the House of Representatives's Revenue Committee on June 29, 2009. The 2009 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

For purposes of natural resource property or commercial fishing property inheritance tax credit, allows credit equal to tax otherwise due for eligible property with value less than $7.5 million and phases out credit for property with value up to $15 million. Defines terms related to working capital. Provides for exemption from taxation if property is sold and proceeds used to pay tax. Adjusts limit of value of property eligible for credit and credit amounts for inflation. Provides that certain federal elections are not binding on Oregon estates. Applies to estates of decedents who die on or after effective date of Act. 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

In the Senate

    1 co-sponsor

    Fred Girod

    Its course

    March 11 to June 29, 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 action10 actions on 9 days

    In the House of RepresentativesMar 11 to Jun 29 · stopped110 days

    Waiting for a committeeMar 11 to Mar 187 days

    Agriculture, Natural Resources and Rural CommunitiesMar 18 to Apr 1730 days

    RevenueApr 17 to Jun 29 · stopped73 days

    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 Mar 11 – Jun 29

    1. Mar 11Introduced
    2. Mar 18Sent to Agriculture, Natural Resources and Rural Communities
    3. Apr 9Heard in Agriculture, Natural Resources and Rural Communities
    4. Apr 17Agriculture, Natural Resources and Rural Communities recommended it, and that it go to Revenue
    5. Sent to Revenue
    6. May 5Heard in Revenue
    7. May 20Heard in Revenue
    8. Jun 9Heard in Revenue
    9. Jun 17Heard in Revenue
    10. Jun 29Died when the session ended
    All 10 actions, as published
    1. Mar 11First reading. Referred to Speaker's desk.House of Representatives
    2. Mar 18Referred to Agriculture, Natural Resources and Rural Communities with subsequent referral to Revenue.House of Representatives
    3. Apr 9Work Session held.House of Representatives
    4. Apr 17Recommendation: Do pass and be referred to Revenue by prior reference.House of Representatives
    5. Apr 17Referred to Revenue by prior reference.House of Representatives
    6. May 5Public Hearing held.House of Representatives
    7. May 20Work Session held.House of Representatives
    8. Jun 9Work Session held.House of Representatives
    9. Jun 17Work Session held.House of Representatives
    10. Jun 29In committee upon adjournment.House of Representatives