Became law as Chapter 763, Oregon Laws 2013, signed August 14, 2013, 212 days after it was filed. In force from October 7, 2013.
2013 Regular Session
Senate Bill 246
Requires Oregon Business Development Department to establish and administer Oregon Industrial Site Readiness Program to enter into tax reimbursement arrangements with, or to make loans to, qualified project sponsors for development of certified regionally significant industrial sites.
What it does
The synopsis the Legislative Assembly published with the bill.
Requires Oregon Business Development Department to establish and administer Oregon Industrial Site Readiness Program to enter into tax reimbursement arrangements with, or to make loans to, qualified project sponsors for development of certified regionally significant industrial sites. Allows department to forgive portions of loans where project sponsor contracts with eligible employer. Limits loan forgiveness to lesser of percentage of eligible site preparation costs or estimated incremental income tax revenues. <b>Caps authorized amount of tax reimbursement arrangements and loan amounts to not more than $10 million per year. Directs eligible employers and project sponsors to submit report to Oregon Business Development Department of annual amount of taxable income and total compensation paid to employees. Directs Oregon Department of Administrative Services to certify to Department of Revenue, Legislative Revenue Officer and Legislative Fiscal Officer annual amount of estimated incremental income tax revenues beginning with tax year following fifth tax year in which project sponsor was qualified. Directs Department of Revenue to transfer 50 percent of certified estimated incremental income tax revenues to Oregon Industrial Site Readiness Program Fund.</b> Establishes Oregon Industrial Site Readiness Program Fund. Continuously appropriates moneys in fund to Oregon Business Development Department. <b>Increases expenditure limitation from lottery moneys allocated from Administrative Services Economic Development Fund to Oregon Business Development Department for Oregon Industrial Site Readiness Program.</b> Takes effect on 91st day following adjournment sine die.
Its course
January 14 to August 21, 2013, 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 action24 actions on 18 days
In the SenateJan 14 to Jul 3170 days
Waiting for a committeeJan 14 to Jan 228 days
Business and TransportationJan 22 to Apr 2290 days
Transportation and Economic DevelopmentApr 30 to Jun 18 · moved on49 days
Ways and MeansJun 18 to Jul 113 days
In the House of RepresentativesJul 3 to Jul 63 days
Waiting for a committeeJul 3 to Jul 30 days
Ways and MeansJul 3 to Jul 52 days
With the GovernorJul 6 to Aug 1439 days
Votes
Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.
Senate, third reading27–3
Passed · Jul 3
House of Representatives, third reading44–15
Passed · Jul 6 · 1 present
Amendments
Each amendment offered, and what became of it.
Senate committee amendmentAdopted
Adopted Apr 22
Senate committee amendmentAdopted
Adopted Jul 1
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 Senate Jan 14 – Jul 3
- Jan 14Introduced
- Jan 22Sent to Business and Transportation
- Mar 18Heard in Business and Transportation
- Apr 15Heard in Business and Transportation
- Apr 22Business and Transportation recommended it as amended, and that it go to Ways and Means
- Apr 30Sent to Transportation and Economic Development Subcommittee
- May 13Heard in Transportation and Economic Development Subcommittee
- May 14Heard in Transportation and Economic Development Subcommittee
- Jun 18Heard in Transportation and Economic Development Subcommittee
- Returned to Business and Transportation
- Jun 28Heard in Business and Transportation
- Jul 1Business and Transportation recommended it as amended
- Jul 2Read a second time
- Jul 3Passed the Senate, 27 to 3
In the House of Representatives Jul 3 – Jul 6
- Jul 3Arrived in the House of Representatives
- Sent to Ways and Means
- Jul 5Ways and Means recommended it
- Jul 6Read a second time
- Passed the House of Representatives, 44 to 15
To the Governor Jul 15 – Aug 21
- Jul 15Signed in the Senate
- Signed in the House of Representatives
- Aug 14Signed by the Governor
- Aug 21Became chapter 763 of Oregon Laws 2013
- In force from October 7, 2013
All 24 actions, as published
- Jan 14Introduction and first reading. Referred to President's desk.Senate
- Jan 22Referred to Business and Transportation, then Ways and Means.Senate
- Mar 18Public Hearing held.Senate
- Apr 15Work Session held.Senate
- Apr 22Recommendation: Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.)Senate
- Apr 30Assigned to Subcommittee On Transportation and Economic Development.Senate
- May 13Public Hearing held.Senate
- May 14Public Hearing held.Senate
- Jun 18Work Session held.Senate
- Jun 18Returned to Full Committee.Senate
- Jun 28Work Session held.Senate
- Jul 1Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)Senate
- Jul 2Second reading.Senate
- Jul 3Third reading. Carried by Beyer. Passed.Senate
- Jul 3First reading. Referred to Speaker's desk.House of Representatives
- Jul 3Referred to Ways and Means.House of Representatives
- Jul 5Recommendation: Do pass.House of Representatives
- Jul 6Second reading.House of Representatives
- Jul 6Rules suspended. Third reading. Carried by Read. Passed.House of Representatives
- Jul 15President signed.Senate
- Jul 15Speaker signed.House of Representatives
- Aug 14Governor signed.Senate
- Aug 21Chapter 763, 2013 Laws.Senate
- Aug 21Effective date, October 7, 2013.Senate