House Bill 2171

<i>For purposes of personal income taxation, changes connection point from federal taxable income to federal adjusted gross income by eliminating allowance of itemized deductions or standard deduction. Modifies rates of personal income taxation.</i>] <i>Applies to tax years beginning on or after January 1, 2016.</i>] <b>Extends sunsets for certain income and excise tax credits. Directs Legislative Revenue Officer to prepare analysis of options for restructuring state and local revenue system and to submit report on progress of analysis to interim committees of Legislative Assembly. Creates refundable tax credit for employment-related household services and dependent care expenses. Applies to tax years beginning on or after January 1, 2016, and before January 1, 2022. Modifies credit for individual development account contribution by expanding eligible uses of funds and removing limitation on taxpayer contributions. Restricts availability of additional personal exemption credits for taxpayer with severe disability or with disabled child, based on taxpayer income. Modifies tax credit for rural medical provider based on distance from major population center. Reduces percentage available for credit for contributions to Office of Child Care. For purpose of residential energy tax credit, modifies conditions for credit allowed for certain category one alternative energy devices that use solar radiation. Modifies credit limits for each type of category one alternative energy device. Authorizes State Department of Energy to adopt rules that further limit amount of credit based upon market conditions. Removes obsolete provisions related to tax credits previously allowed for alternative fuel vehicles and related equipment and fueling stations. First applies to alternative energy devices certified on or after September 1, 2015, and tax years beginning on or after January 1, 2015. Shortens sunset for tax credit for long term care insurance premiums. Provides that corporate minimum tax may not be reduced, paid or otherwise satisfied by use of tax credits. Applies to tax years beginning on or after January 1, 2015, and before January 1, 2021. Modifies definition of "resident" for purposes of personal income taxation to exclude certain members of Armed Forces if residency as reflected in payroll records is located outside state. Requires taxpayers to file amended returns to claim refunds of exempted amounts for prior tax years. Applies to tax years beginning on or after January 1, 2012.</b> Takes effect on 91st day following adjournment sine die.

• House of Representatives, third reading45–13

  Passed · Jul 2 · 2 present

• Senate, third reading29–1

  Passed · Jul 6

• House of Representatives committee amendmentAdopted

  Adopted Jul 1

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In the House of Representatives Jan 12 – Jul 2

1. Jan 12Introduced
2. Jan 16Sent to Revenue
3. Feb 25Heard in Revenue
4. Jun 29Heard in Revenue
5. Revenue reported it without a recommendation, and that it go to Tax Credits
6. Sent to Tax Credits
7. Jul 1Heard in Tax Credits
8. Tax Credits recommended it as amended
9. Read a second time
10. Jul 2Passed the House of Representatives, 45 to 13

In the Senate Jul 2 – Jul 6

1. Jul 2Arrived in the Senate
2. Sent to Tax Credits
3. Jul 3Tax Credits recommended it
4. Read a second time
5. Jul 6Passed the Senate, 29 to 1

To the Governor Jul 9 – Jul 22

1. Jul 9Signed in the House of Representatives
2. Jul 13Signed in the Senate
3. Jul 20Signed by the Governor
4. Jul 22Became chapter 701 of Oregon Laws 2015, in force from October 5, 2015