l9n/ Oregon

2015 Regular Session

House Bill 2690

Exempts from property taxation land acquired and held by nonprofit corporation for building residences to be sold to individuals whose income is not greater than 80 percent of area median income.

Became law as Chapter 520, Oregon Laws 2015, signed June 22, 2015, 161 days after it was filed. In force from October 5, 2015.

What it does

The synopsis the Legislative Assembly published with the bill.

Exempts from property taxation land acquired and held by nonprofit corporation for building residences to be sold to individuals whose income is not greater than 80 percent of area median income. <b>Prohibits nonprofit corporation from claiming exemption unless nonprofit corporation has sold at least one residence to low-income individuals within 10 years before filing claim. Provides that exemption is granted for seven years, or 10 years if extension timely claimed, or until transfer of title to residences. Provides for disqualification from exemption and imposition of additional taxes if title to residences not transferred at end of seven years, or 10 years if extension timely claimed.</b> 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 House of Representatives

Its course

January 12 to June 26, 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 action18 actions on 17 days

In the House of RepresentativesJan 12 to May 18126 days

Waiting for a committeeJan 12 to Jan 164 days

RevenueJan 16 to May 12116 days

In the SenateMay 18 to Jun 1124 days

Waiting for a committeeMay 18 to May 213 days

Finance and RevenueMay 21 to Jun 1020 days

With the GovernorJun 11 to Jun 2211 days

Votes

Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

  • House of Representatives, third reading57–1

    Passed · May 18 · 2 present

  • Senate, third reading29–0

    Passed · Jun 11 · 1 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted May 12

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 – May 18

  1. Jan 12Introduced
  2. Jan 16Sent to Revenue
  3. Mar 18Heard in Revenue
  4. May 7Heard in Revenue
  5. May 12Revenue recommended it as amended
  6. May 13Read a second time
  7. May 18Passed the House of Representatives, 57 to 1

In the Senate May 19 – Jun 11

  1. May 19Arrived in the Senate
  2. May 21Sent to Finance and Revenue
  3. Jun 3Heard in Finance and Revenue
  4. Jun 10Finance and Revenue recommended it
  5. Read a second time
  6. Jun 11Passed the Senate, 29 to 0

To the Governor Jun 15 – Jun 26

  1. Jun 15Signed in the House of Representatives
  2. Jun 17Signed in the Senate
  3. Jun 22Signed by the Governor
  4. Jun 26Became chapter 520 of Oregon Laws 2015, in force from October 5, 2015
All 18 actions, as published
  1. Jan 12First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 16Referred to Revenue.House of Representatives
  3. Mar 18Public Hearing held.House of Representatives
  4. May 7Work Session held.House of Representatives
  5. May 12Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
  6. May 13Second reading.House of Representatives
  7. May 14Rules suspended. Carried over to May 18, 2015 Calendar.House of Representatives
  8. May 18Third reading. Carried by Gomberg, Whisnant. Passed.House of Representatives
  9. May 19First reading. Referred to President's desk.Senate
  10. May 21Referred to Finance and Revenue.Senate
  11. Jun 3Public Hearing and Work Session held.Senate
  12. Jun 10Recommendation: Do pass the A-Eng. bill.Senate
  13. Jun 10Second reading.Senate
  14. Jun 11Third reading. Carried by Boquist. Passed.Senate
  15. Jun 15Speaker signed.House of Representatives
  16. Jun 17President signed.Senate
  17. Jun 22Governor signed.House of Representatives
  18. Jun 26Chapter 520, (2015 Laws): Effective date October 05, 2015.House of Representatives