l9n/ Oregon

2013 Regular Session

Senate Bill 255

Permits taxpayer to defer recognition of long-term capital gain if taxpayer makes contribution to Innovation Development Fund.

Did not become law. It stopped in the Senate's Business and Transportation Committee on July 8, 2013. The 2013 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Permits taxpayer to defer recognition of long-term capital gain if taxpayer makes contribution to Innovation Development Fund. Authorizes Department of Revenue to administer tax deferral program. Establishes Innovation Development Fund with purpose of facilitating commercialization of university research and development. Directs consortium of Oregon universities to award grants from fund and issue tax deferral certifications to taxpayers making contributions to fund. Directs Oregon Business Development Department to disburse grant moneys. Continuously appropriates moneys in fund to department for grant program. Requires consortium and department to report annually to Legislative Assembly on operation of fund. Applies to contributions made in tax years beginning on or after January 1, 2014. Takes effect on 91st day following adjournment sine die.

Its course

January 14 to July 8, 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 action4 actions on 4 days

In the SenateJan 14 to Jul 8 · stopped175 days

Waiting for a committeeJan 14 to Jan 184 days

Business and TransportationJan 18 to Jul 8 · stopped171 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 Senate Jan 14 – Jul 8

  1. Jan 14Introduced
  2. Jan 18Sent to Business and Transportation
  3. Mar 7Heard in Business and Transportation
  4. Jul 8Died when the session ended
All 4 actions, as published
  1. Jan 14Introduction and first reading. Referred to President's desk.Senate
  2. Jan 18Referred to Business and Transportation, then Finance and Revenue.Senate
  3. Mar 7Public Hearing held.Senate
  4. Jul 8In committee upon adjournment.Senate