l9n/ Oregon

2014 Regular Session

Senate Bill 1532

For purposes of transfer to Shared Services Fund, requires Oregon Department of Administrative Services to state separately personal income tax revenue attributable to new jobs and retained jobs.

Did not become law. It stopped in the Senate's Finance and Revenue Committee on March 7, 2014. The 2014 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

For purposes of transfer to Shared Services Fund, requires Oregon Department of Administrative Services to state separately personal income tax revenue attributable to new jobs and retained jobs. Modifies transfer to amount equal to 50 percent of amount attributable to new jobs and 40 percent of amount attributable to retained jobs for projects located in county for which total amount attributable to new and retained jobs exceeds $5 million. Requires Department of Revenue to transfer five percent of total annual amount of personal income tax revenue attributable to eligible projects to Local Economic Opportunity Fund. Continuously appropriates transferred moneys and interest on transferred moneys in fund to Oregon Business Development Department for grant program to support economic development in fiscally distressed counties. Extends sunset of shared services transfer statutes. Clarifies that statute requiring transfers applies to income taxes attributable to eligible project approved for exemption before sunset date for length of exemption. 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 Senate

3 co-sponsors

Lee Beyer, Arnie Roblan, Bruce Starr

In the House of Representatives

1 co-sponsor

Jeff Barker

Its course

February 3 to March 7, 2014, 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 3 days

In the SenateFeb 3 to Mar 7 · stopped32 days

Waiting for a committeeFeb 3 to Feb 30 days

Finance and RevenueFeb 3 to Mar 7 · stopped32 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 Feb 3 – Mar 7

  1. Feb 3Introduced
  2. Sent to Finance and Revenue
  3. Feb 17Heard in Finance and Revenue
  4. Mar 7Died when the session ended
All 4 actions, as published
  1. Feb 3Introduction and first reading. Referred to President's desk.Senate
  2. Feb 3Referred to Finance and Revenue, then Ways and Means.Senate
  3. Feb 17Public Hearing held.Senate
  4. Mar 7In committee upon adjournment.Senate