l9n/ Oregon

2015 Regular Session

Senate Bill 864

For purposes of natural resource credit against estate tax, modifies definition of "natural resource property" to mean property in state.

Became law as Chapter 301, Oregon Laws 2015, signed June 8, 2015, 97 days after it was filed. In force from October 5, 2015.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Expands definition of "real property," for purposes of natural resource credit against estate tax, to include real property in neighboring states.</i>] <i>Applies to tax years beginning on or after January 1, 2014.</i>] <b>For purposes of natural resource credit against estate tax, modifies definition of "natural resource property" to mean property in state. Provides that determination of eligibility for credit is based on ratio of in-state property to in-state portion of gross estate. Applies to estates of decedents dying on or after January 1, 2015.</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 Senate

3 co-sponsors

Betsy Johnson, Doug Whitsett, Alan Olsen

In the House of Representatives

    4 co-sponsors

    Deborah Boone, Brian Clem, Wayne Krieger, Gail Whitsett

    Its course

    March 3 to June 12, 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 action22 actions on 21 days

    In the SenateMar 3 to Apr 1543 days

    Waiting for a committeeMar 3 to Mar 52 days

    Finance and RevenueMar 5 to Apr 1339 days

    In the House of RepresentativesApr 15 to May 2944 days

    Waiting for a committeeApr 15 to Apr 227 days

    RevenueApr 22 to May 2129 days

    With the GovernorMay 29 to Jun 810 days

    Votes

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

    • Senate, third reading30–0

      Passed · Apr 15

    • House of Representatives, third reading56–0

      Passed · May 29 · 4 present

    Amendments

    Each amendment offered, and what became of it.

    • Senate committee amendmentAdopted

      Adopted Apr 13

    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 Mar 3 – Apr 15

    1. Mar 3Introduced
    2. Mar 5Sent to Finance and Revenue
    3. Mar 24Heard in Finance and Revenue
    4. Apr 2Heard in Finance and Revenue
    5. Apr 9Heard in Finance and Revenue
    6. Apr 13Finance and Revenue recommended it as amended
    7. Apr 14Read a second time
    8. Apr 15Passed the Senate, 30 to 0

    In the House of Representatives Apr 16 – May 29

    1. Apr 16Arrived in the House of Representatives
    2. Apr 22Sent to Revenue
    3. May 20Heard in Revenue
    4. May 21Revenue recommended it
    5. May 22Read a second time
    6. May 29Passed the House of Representatives, 56 to 0

    To the Governor Jun 2 – Jun 12

    1. Jun 2Signed in the Senate
    2. Jun 3Signed in the House of Representatives
    3. Jun 8Signed by the Governor
    4. Jun 12Became chapter 301 of Oregon Laws 2015
    5. In force from October 5, 2015
    All 22 actions, as published
    1. Mar 3Introduction and first reading. Referred to President's desk.Senate
    2. Mar 5Referred to Finance and Revenue.Senate
    3. Mar 24Public Hearing held.Senate
    4. Apr 2Public Hearing and Work Session held.Senate
    5. Apr 9Public Hearing and Work Session held.Senate
    6. Apr 13Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
    7. Apr 14Second reading.Senate
    8. Apr 15Third reading. Carried by Whitsett. Passed.Senate
    9. Apr 16First reading. Referred to Speaker's desk.House of Representatives
    10. Apr 22Referred to Revenue.House of Representatives
    11. May 20Public Hearing and Work Session held.House of Representatives
    12. May 21Recommendation: Do pass.House of Representatives
    13. May 22Second reading.House of Representatives
    14. May 26Rules suspended. Carried over to May 27, 2015 Calendar.House of Representatives
    15. May 27Rules suspended. Carried over to May 28, 2015 Calendar.House of Representatives
    16. May 28Rules suspended. Carried over to May 29, 2015 Calendar.House of Representatives
    17. May 29Third reading. Carried by Whitsett, Bentz. Passed.House of Representatives
    18. Jun 2President signed.Senate
    19. Jun 3Speaker signed.House of Representatives
    20. Jun 8Governor signed.Senate
    21. Jun 12Chapter 301, 2015 Laws.Senate
    22. Jun 12Effective date, October 5, 2015.Senate