Did not become law. It stopped in the House of Representatives's Revenue Committee on July 6, 2015. The 2015 session has ended.
2015 Regular Session
House Bill 2076
Provides that corporate minimum tax may not be reduced, paid or otherwise satisfied by use of tax credits.
What it does
The synopsis the Legislative Assembly published with the bill.
Provides that corporate minimum tax may not be reduced, paid or otherwise satisfied by use of tax credits. Modifies provisions allowing for optional reduced rates of personal income tax on nonpassive income attributable to partnership or S corporation by limiting amount of income for which reduced rate may be claimed and by decreasing number of annual hours of work required for employee of entity. Requires, for Oregon corporate excise or income tax purposes, addition to federal taxable income of amount of employee compensation over prescribed limit. Raises rates of personal income and corporate excise or income tax. Applies to tax years beginning on or after January 1, 2016. Takes effect on 91st day following adjournment sine die.
Its course
January 12 to July 6, 2015, 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 House of RepresentativesJan 12 to Jul 6 · stopped175 days
Waiting for a committeeJan 12 to Jan 164 days
RevenueJan 16 to Jul 6 · 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 House of Representatives Jan 12 – Jul 6
All 4 actions, as published
- Jan 12First reading. Referred to Speaker's desk.House of Representatives
- Jan 16Referred to Revenue.House of Representatives
- Feb 16Public Hearing held.House of Representatives
- Jul 6In committee upon adjournment.House of Representatives