l9n/ Oregon

2011 Regular Session

House Bill 3420

Reduces rate of tax on capital gains of personal income and corporate income and excise taxpayers if, after effective date of Act, amount equal to gain is invested as seed capital in emerging growth business during tax year.

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.

Reduces rate of tax on capital gains of personal income and corporate income and excise taxpayers if, after effective date of Act, amount equal to gain is invested as seed capital in emerging growth business during tax year. Applies to tax years beginning on or after January 1, 2011, and before January 1, 2015. 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

5 co-sponsors

Jules Bailey, Jeff Barker, Katie Brewer, Chris Garrett, Dave Hunt

In the Senate

    2 co-sponsors

    Mark Hass, Bruce Starr

    Its course

    February 21 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 RepresentativesFeb 21 to Jun 30 · stopped129 days

    Waiting for a committeeFeb 21 to Feb 287 days

    Transportation and Economic DevelopmentFeb 28 to Mar 2222 days

    RevenueMar 22 to Jun 30 · stopped100 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 Feb 21 – Jun 30

    1. Feb 21Introduced
    2. Feb 28Sent to Transportation and Economic Development
    3. Mar 18Heard in Transportation and Economic Development
    4. Mar 22Transportation and Economic Development reported it without a recommendation, and that it go to Revenue
    5. Sent to Revenue
    6. Apr 19Heard in Revenue
    7. Jun 30Died when the session ended
    All 7 actions, as published
    1. Feb 21First reading. Referred to the desks of the Co-Speakers.House of Representatives
    2. Feb 28Referred to Transportation and Economic Development with subsequent referral to Revenue.House of Representatives
    3. Mar 18Work Session held.House of Representatives
    4. Mar 22Without recommendation as to passage and be referred to Revenue by prior reference.House of Representatives
    5. Mar 22Referred to Revenue by prior reference.House of Representatives
    6. Apr 19Public Hearing held.House of Representatives
    7. Jun 30In committee upon adjournment.House of Representatives