l9n/ Oregon

2011 Regular Session

House Bill 2414

Creates income and corporate excise tax credit for new and retrofitted energy conservation projects located in Oregon.

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>Transfers administration of income tax credit allowed for renewable energy resource equipment manufacturing facilities from State Department of Energy to Oregon Business Development Department.</i>] <i>Becomes operative January 1, 2012.</i>] <b>Creates income and corporate excise tax credit for new and retrofitted energy conservation projects located in Oregon. Bases amount of tax credit on increased energy savings beyond prevailing recognized standards. Limits tax credits to $1 million for commercial use projects and to $500,000 for industrial use projects. Provides incentives for projects that are certified as energy-efficient and environmentally sustainable buildings through Leadership in Energy and Environmental Design (LEED) rating system of U.S. Green Building Council. Limits total tax credits available to all taxpayers to $50 million for 12-month period beginning July 1, 2012. Reserves up to 10 percent of total tax credits to projects that have obtained LEED certification and up to 10 percent to projects recommended by Oregon Innovation Council. Provides for certification of eligible taxpayers by State Department of Energy. Directs department to establish eligibility standards. <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.

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

Jules Bailey

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 with subsequent referral to Tax Credits.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, be referred to Revenue, and then referred to Tax Credits by prior reference.House of Representatives
  6. Apr 26Referred to Revenue by order of the Co-Speakers.House of Representatives
  7. Jun 30In committee upon adjournment.House of Representatives