l9n/ Oregon

2011 Regular Session

House Bill 2411

Establishes corporate income and excise tax credit for certain facility costs of business firms that construct facilities and engage in business operations in which average annual gross payroll and increase in number of employees meet specified requirements.

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

What it does

The synopsis the Legislative Assembly published with the bill.

Establishes corporate income and excise tax credit for certain facility costs of business firms that construct facilities and engage in business operations in which average annual gross payroll and increase in number of employees meet specified requirements. Requires interested firms to obtain certification from Oregon Business Development Department. Establishes business firm and biennial caps on amount of credit. Authorizes Oregon Business Development Department to certify business firms on or after October 1, 2012, and on or before December 31, 2017. Applies to tax years beginning on or after January 1, 2012, and before January 1, 2023. 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

4 co-sponsors

Jules Bailey, Jeff Barker, Margaret Doherty, Sara Gelser Blouin

In the Senate

    2 co-sponsors

    Chris Edwards, Mark Hass

    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 action4 actions on 4 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 Jun 30 · stopped160 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 14Heard in Transportation and Economic Development
    4. Jun 30Died when the session ended
    All 4 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 with subsequent referral to Tax Credits.House of Representatives
    3. Feb 14Public Hearing held.House of Representatives
    4. Jun 30In committee upon adjournment.House of Representatives