l9n/ Oregon

2015 Regular Session

Senate Bill 565

Creates tax credit for certified historic property rehabilitation contributions.

Did not become law. It stopped in the Senate's Tax Credits Committee on July 6, 2015. The 2015 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Creates tax credit for certified historic property rehabilitation contributions. Directs Department of Revenue, in cooperation with State Historic Preservation Officer, to conduct auction of tax credits. Establishes State Historic Rehabilitation Fund and requires that auction proceeds be deposited in fund for purpose of making rebates to property owners for eligible rehabilitation expenses for historic properties. Provides for payment of rebates from fund and for administration of rebate program by State Historic Preservation Officer. Limits amount of credits and corresponding rebates to $24 million for any biennium. Applies to tax years beginning on or after January 1, 2016, and before January 1, 2022, and to applications for rebates submitted after July 1, 2015. 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

    SFR

    Its course

    February 3 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 action7 actions on 6 days

    In the SenateFeb 3 to Jul 6 · stopped153 days

    Waiting for a committeeFeb 3 to Feb 41 day

    Finance and RevenueFeb 4 to Mar 2650 days

    Tax CreditsMar 26 to Jul 6 · stopped102 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 – Jul 6

    1. Feb 3Introduced
    2. Feb 4Sent to Finance and Revenue
    3. Mar 4Heard in Finance and Revenue
    4. Mar 24Heard in Finance and Revenue
    5. Mar 26Finance and Revenue recommended it, and that it go to Tax Credits
    6. Sent to Tax Credits
    7. Jul 6Died when the session ended
    All 7 actions, as published
    1. Feb 3Introduction and first reading. Referred to President's desk.Senate
    2. Feb 4Referred to Finance and Revenue.Senate
    3. Mar 4Public Hearing held.Senate
    4. Mar 24Work Session held.Senate
    5. Mar 26Recommendation: Do Pass and be referred to Tax Credits.Senate
    6. Mar 26Referred to Tax Credits by order of the President.Senate
    7. Jul 6In committee upon adjournment.Senate