l9n/ Oregon

2011 Regular Session

House Bill 2208

Creates income and corporate excise tax credit for renewable energy production systems, defined as systems using biomass, solar, geothermal, hydroelectric or wave, tidal or ocean thermal energy technology to produce energy.

Did not become law. It stopped in the House of Representatives's Revenue Committee on June 30, 2011. The 2011 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Modifies provisions related to single energy facilities. Requires review of certain applications by Energy Facility Siting Council.</i>] <i>Declares emergency, effective on passage.</i>] <b>Creates income and corporate excise tax credit for renewable energy production systems, defined as systems using biomass, solar, geothermal, hydroelectric or wave, tidal or ocean thermal energy technology to produce energy. Bases amount of tax credit on projected first year energy yield of system. Restricts availability of tax credits to projects with total system cost not in excess of $20 million. Limits total tax credits available to all taxpayers to $150 million for 12-month period beginning July 1, 2012. Reserves up to $15 million of total tax credits for projects recommended by Oregon Innovation Council. Provides for certification of eligible systems by State Department of Energy. Directs department to establish eligibility standards and standards for allocating available credit amounts. <b>Applies to applications for preliminary certification submitted after July 1, 2012, and to tax years beginning on or after January 1, 2012. <b>Takes effect on 91st day following adjournment sine die.</b>

Its course

January 11 to June 30, 2011, 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 action7 actions on 6 days

In the House of RepresentativesJan 11 to Jun 30 · stopped170 days

Waiting for a committeeJan 11 to Jan 2110 days

Transportation and Economic DevelopmentJan 21 to Apr 2695 days

RevenueApr 26 to Jun 30 · stopped65 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 Jan 11 – Jun 30

  1. Jan 11Introduced
  2. Jan 21Sent to Transportation and Economic Development
  3. Feb 16Heard in Transportation and Economic Development
  4. Apr 18Heard in Transportation and Economic Development
  5. Apr 26Transportation and Economic Development reported it without a recommendation, and that it go to Revenue
  6. Sent to Revenue
  7. Jun 30Died when the session ended
All 7 actions, as published
  1. Jan 11First reading. Referred to the desks of the Co-Speakers.House of Representatives
  2. Jan 21Referred to Transportation and Economic Development.House of Representatives
  3. Feb 16Public Hearing held.House of Representatives
  4. Apr 18Work Session held.House of Representatives
  5. Apr 26Without recommendation as to passage, with amendments, be printed A-Engrossed, and be referred to Revenue, then Tax Credits.House of Representatives
  6. Apr 26Referred to Revenue then to Tax Credits by order of the Co-Speakers.House of Representatives
  7. Jun 30In committee upon adjournment.House of Representatives