l9n/ Oregon

2009 Regular Session

Senate Bill 887

Creates income tax credit for qualified investments in new machinery and equipment.

Did not become law. It stopped in the Senate's Finance and Revenue Committee on June 29, 2009. The 2009 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Creates income tax credit for qualified investments in new machinery and equipment. Limits total amount of credit that may be claimed in biennium and limits amount each taxpayer may claim. Applies to tax years beginning on or after January 1, 2010, but permits qualified investments purchased on or after July 1, 2009, to be considered qualified investments for 2010 tax year. Sunsets program by prohibiting certification of new qualified investments on or after July 1, 2015.

Sponsors

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

In the Senate

    1 co-sponsor

    SFR

    Its course

    March 9 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 action3 actions on 3 days

    In the SenateMar 9 to Jun 29 · stopped112 days

    Waiting for a committeeMar 9 to Mar 167 days

    Finance and RevenueMar 16 to Jun 29 · stopped105 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 Senate Mar 9 – Jun 29

    1. Mar 9Introduced
    2. Mar 16Sent to Finance and Revenue
    3. Jun 29Died when the session ended
    All 3 actions, as published
    1. Mar 9Introduction and first reading. Referred to President's desk.Senate
    2. Mar 16Referred to Finance and Revenue.Senate
    3. Jun 29In committee upon adjournment.Senate