l9n/ Oregon

2009 Regular Session

House Bill 3405

Bases corporate minimum tax for C corporations on amount of Oregon sales.

Became law as Chapter 745, Oregon Laws 2009, signed July 20, 2009, 130 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 five tiers of corporate minimum tax on corporations that are not S corporations, based on level of Oregon sales. Prohibits Department of Revenue from disclosing information that is attributable to single corporation or group of fewer than 10 corporations. Establishes Multimodal Transportation and Economic Development Fund. Appropriates moneys to Department of Transportation. Directs corporate excise tax revenue to fund. Authorizes issuance of lottery bonds for transportation projects funded from fund. Specifies allocation of lottery bond proceeds.</i>] <i>Applies to tax years beginning on or after January 1, 2010, and to revenue collected for tax years beginning on or after January 1, 2010.</i>] <b>Bases corporate minimum tax for C corporations on amount of Oregon sales. Increases rate of corporate excise tax imposed on C corporations for tax years beginning on or after January 1, 2009. Imposes $150 entity tax on partnerships. Increases corporate minimum tax imposed on S corporations to $150. Increases filing fee for specified documents and reports delivered to Secretary of State. Increases filing fee for financing statements and other records related to Uniform Commercial Code. Increases application fee for appointment as notary public. Applies to documents, reports, records and applications filed or made on or after effective date of Act.</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

    March 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 action33 actions on 16 days

    In the House of RepresentativesMar 12 to Jun 989 days

    Waiting for a committeeMar 12 to Mar 131 day

    RevenueMar 13 to Jun 483 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 reading36–24

      Passed · Jun 9

    • Senate, third reading16–13

      Failed · Jun 10 · 1 present

    • Senate, third reading23–6

      Jun 10 · 1 present

    • Senate, third reading28–1

      Jun 10 · 1 present

    • Senate, third reading22–7

      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 Mar 12 – Jun 9

    1. Mar 12Introduced
    2. Mar 13Sent to Revenue
    3. Apr 23Heard in Revenue
    4. May 22Heard in Revenue
    5. May 26Heard in Revenue
    6. Jun 2Heard in Revenue
    7. Jun 3Heard in Revenue
    8. Jun 4Heard in Revenue
    9. Revenue recommended it as amended, and that it go to Ways and Means
    10. Sent to Ways and Means
    11. Jun 5Sent to Education Subcommittee
    12. Heard in Education Subcommittee
    13. Returned to Ways and Means
    14. Heard in Ways and Means
    15. Ways and Means recommended it
    16. Jun 8Read a second time
    17. Jun 9Passed the House of Representatives, 36 to 24

    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. Failed in the Senate, 16 to 13
    6. Tabled
    7. 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 745 of Oregon Laws 2009, in force from September 28, 2009
    All 33 actions, as published
    1. Mar 12First reading. Referred to Speaker's desk.House of Representatives
    2. Mar 13Referred to Revenue with subsequent referral to Ways and Means.House of Representatives
    3. Apr 23Public Hearing held.House of Representatives
    4. May 22Public Hearing and Work Session held.House of Representatives
    5. May 26Public Hearing and Work Session held.House of Representatives
    6. Jun 2Public Hearing and Work Session held.House of Representatives
    7. Jun 3Work Session held.House of Representatives
    8. Jun 4Work Session held.House of Representatives
    9. Jun 4Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference.House of Representatives
    10. Jun 4Referred to Ways and Means by prior reference.House of Representatives
    11. Jun 5Assigned to Subcommittee On Education.House of Representatives
    12. Jun 5Work Session held.House of Representatives
    13. Jun 5Returned to Full Committee.House of Representatives
    14. Jun 5Work Session held.House of Representatives
    15. Jun 5Recommendation: Do pass.House of Representatives
    16. Jun 8Second reading.House of Representatives
    17. Jun 8Rules suspended. Made a Special Order of Business on June 9, 2009 Calendar.House of Representatives
    18. Jun 9Third reading. Carried by Barnhart. Passed.House of Representatives
    19. Jun 10First reading. Referred to President's desk.Senate
    20. Jun 10Referred to Ways and Means.Senate
    21. Jun 10Recommendation: Do pass the A-Eng. bill.Senate
    22. Jun 10Rules suspended. Second reading.Senate
    23. Jun 10Made a Special Order of Business by voice vote.Senate
    24. Jun 10Rules suspended. Third reading. Carried by Burdick. Failed.Senate
    25. Jun 10Motion to reconsider carried.Senate
    26. Jun 10Motion to lay on the table carried.Senate
    27. Jun 11Motion to take from table carried.Senate
    28. Jun 11Motion to move previous question failed. Nays, 29--Bates, Bonamici, Boquist, Burdick, Devlin, Dingfelder, Edwards, Ferrioli, George, Girod, Hass, Johnson, Kruse, Metsger, Monnes Anderson, Monroe, Nelson, Prozanski, Rosenbaum, Schrader, Shields, Starr, Telfer, Verger, Whitsett, Winters, President Courtney; absent 1--Atkinson. Motion failed.Senate
    29. Jun 11Bill read. Carried by Burdick. Passed.Senate
    30. Jun 25Speaker signed.House of Representatives
    31. Jun 26President signed.Senate
    32. Jul 20Governor signed.House of Representatives
    33. Jul 20Chapter 745, (2009 Laws): Effective date September 28, 2009.House of Representatives