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 2097
Modifies conditions for optional reduced rates of personal income tax on nonpassive income attributable to partnership or S corporation by aligning with federal provision that allows for elective grouping of related entities that form economic unit.
What it does
The synopsis the Legislative Assembly published with the bill.
Modifies conditions for optional reduced rates of personal income tax on nonpassive income attributable to partnership or S corporation by aligning with federal provision that allows for elective grouping of related entities that form economic unit. Provides that reduced rates do not apply to income reported by spouses engaged in qualified joint venture or to gain recognized on sale or exchange of property used in trade or business. Restricts use of reduced rates to Oregon-sourced income. 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 24Public Hearing held.House of Representatives
- Jul 6In committee upon adjournment.House of Representatives