l9n/ Oregon

2011 Regular Session

House Bill 3454

Provides, for purposes of personal income taxation, that subtraction from federal taxable income is not allowed for amounts included in calculation of Oregon net operating loss.

Became law as Chapter 685, Oregon Laws 2011, signed August 2, 2011, 162 days after it was filed. In force from September 29, 2011.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>For purposes of corporate excise taxation, allows increase in amount deducted as net operating loss carryforward to account for federal adjustments or modifications to taxable income that were disallowed, under Oregon law, in year of loss, less any further Oregon adjustment or modification.</i>] <b>Provides, for purposes of personal income taxation, that subtraction from federal taxable income is not allowed for amounts included in calculation of Oregon net operating loss.</b> Applies to tax years beginning on or after January 1, <i>2011</i>]<b> 2009</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

    HREV

    Its course

    February 21 to August 2, 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 action21 actions on 17 days

    In the House of RepresentativesFeb 21 to Jun 6105 days

    Waiting for a committeeFeb 21 to Feb 287 days

    Transportation and Economic DevelopmentFeb 28 to Mar 2222 days

    RevenueMar 22 to May 3170 days

    In the SenateJun 6 to Jun 1610 days

    Waiting for a committeeJun 6 to Jun 82 days

    Finance and RevenueJun 8 to Jun 146 days

    With the GovernorJun 16 to Aug 247 days

    Votes

    Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

    • House of Representatives, third reading58–1

      Passed · Jun 6 · 1 present

    • Senate, third reading28–1

      Passed · Jun 16 · 1 present

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives committee amendmentAdopted

      Adopted May 31

    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 6

    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 1Heard in Revenue
    7. May 23Heard in Revenue
    8. May 31Revenue recommended it as amended
    9. Jun 2Read a second time
    10. Jun 6Passed the House of Representatives, 58 to 1

    In the Senate Jun 7 – Jun 16

    1. Jun 7Arrived in the Senate
    2. Jun 8Sent to Finance and Revenue
    3. Jun 10Heard in Finance and Revenue
    4. Jun 14Finance and Revenue recommended it
    5. Read a second time
    6. Jun 16Passed the Senate, 28 to 1

    To the Governor Jun 23 – Aug 2

    1. Jun 23Signed in the House of Representatives
    2. Signed in the Senate
    3. Aug 2Signed by the Governor
    4. Became chapter 685 of Oregon Laws 2011, in force from September 29, 2011
    All 21 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 1Public Hearing held.House of Representatives
    7. May 23Public Hearing and Work Session held.House of Representatives
    8. May 31Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
    9. Jun 2Second reading.House of Representatives
    10. Jun 6Third reading. Carried by Brewer. Passed.House of Representatives
    11. Jun 7First reading. Referred to President's desk.Senate
    12. Jun 8Referred to Finance and Revenue.Senate
    13. Jun 10Public Hearing and Work Session held.Senate
    14. Jun 14Recommendation: Do pass.Senate
    15. Jun 14Second reading.Senate
    16. Jun 15Carried over to 06-16 by unanimous consent.Senate
    17. Jun 16Third reading. Carried by Telfer. Passed.Senate
    18. Jun 23Co-Speakers signed.House of Representatives
    19. Jun 23President signed.Senate
    20. Aug 2Governor signed.House of Representatives
    21. Aug 2Chapter 685, (2011 Laws): Effective date September 29, 2011.House of Representatives