l9n/ Oregon

2014 Regular Session

Senate Bill 1573

Increases percentage of federal earned income credit allowed as credit against personal income taxes.

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.

Increases percentage of federal earned income credit allowed as credit against personal income taxes. Provides that amount of credit attributable to increase is nonrefundable. Adjusts dollar amounts for certain personal income tax subtractions and credits using Consumer Price Index. Creates personal income tax credit equal to portion of federal child credit. New and amended provisions apply to tax years beginning on or after January 1, 2015. Adjusts income amounts for optional reduced rates of personal income tax on nonpassive income using Consumer Price Index. Applies to tax years beginning on or after January 1, 2016. Creates personal income tax credit for contributions to organization that is organized for purpose of funding construction of World War II memorial. Applies to tax years beginning on or after January 1, 2015, and before January 1, 2021. 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

1 co-sponsor

Alan Olsen

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 action3 actions on 2 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. Mar 7Died when the session ended
All 3 actions, as published
  1. Feb 3Introduction and first reading. Referred to President's desk.Senate
  2. Feb 3Referred to Finance and Revenue.Senate
  3. Mar 7In committee upon adjournment.Senate