l9n/ Oregon

2016 Regular Session

Senate Bill 1565

Authorizes city or county to adopt exemption for newly constructed or installed industrial improvements at location in rural area that have cost of initial investment of at least $1 million and not more than $25 million.

Became law as Chapter 112, Oregon Laws 2016, signed April 4, 2016, 68 days after it was filed. In force from June 2, 2016.

What it does

The synopsis the Legislative Assembly published with the bill.

Authorizes city or county to adopt exemption for newly constructed or installed industrial improvements <i>with</i>] <b>at location in rural area that have </b>cost of initial investment of at least $1 million and not more than $25 million. Provides that qualified property must be owned or leased by applicant and used through final year of exemption for purpose and at location identified in application. Provides exemption shall be granted as 100 percent exemption for any three of five consecutive years unless city or county adopts other terms. Provides that ordinance or resolution granting exemption may not take effect unless rates of taxation of taxing districts whose governing bodies agree to grant exemption equal 75 percent or more of total combined rate of taxation. Requires exemption to be granted to all eligible industrial improvements on same terms in effect on date application is submitted. Prohibits stacking of exemptions or special assessments other than exemption for commercial facilities under construction. Allows city or county to amend or terminate exemption, subject to approval process of taxing districts described above, but provides that industrial improvements granted exemption continue to receive exemption under terms in effect at time exemption was first granted. Authorizes city or county to grant deferral of property taxes instead of exemption within same parameters. Provides for clawbacks of tax exemption savings or deferred taxes upon disqualification of industrial improvements. <b>If application for exemption is otherwise eligible for approval, requires city or county and applicant to agree to conditions related to hiring and employment and other reasonable conditions related to economic development established by city or county. Requires city or county to approve application by resolution that states agreed upon conditions and notifies county assessor and Department of Revenue of approval. Requires city or county that has granted exemption under Act to submit certain information related to exemption to Department of Revenue for posting on Oregon transparency website.</b> Sunsets authority of city or county to adopt exemption or deferral on January 2, <i>2027</i>]<b> 2024</b>. Provides that industrial improvements granted exemption or deferral before sunset date continue to receive exemption or deferral under terms in effect at time granted. 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.

Its course

January 27 to April 6, 2016, 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 action25 actions on 18 days

In the SenateJan 27 to Feb 1923 days

Waiting for a committeeJan 27 to Feb 15 days

Finance and RevenueFeb 1 to Feb 1615 days

In the House of RepresentativesFeb 19 to Mar 212 days

Waiting for a committeeFeb 19 to Feb 223 days

RevenueFeb 22 to Feb 297 days

Back in the SenateMar 2 to Mar 42 days

With the GovernorMar 4 to Apr 431 days

Votes

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

  • Senate, third reading27–0

    Passed · Feb 19 · 3 present

  • House of Representatives, third reading56–2

    Passed · Mar 2 · 2 present

  • House of Representatives, third reading56–2

    Passed · Mar 2 · 2 present

  • Senate, concurrence30–0

    Agreed to the other chamber's changes · Mar 3

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Feb 16

  • House of Representatives committee amendmentAdopted

    Adopted Feb 29

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 Jan 27 – Feb 19

  1. Filed before the session
  2. Introduced
  3. Sent to Finance and Revenue
  4. Heard in Finance and Revenue
  5. Heard in Finance and Revenue
  6. Finance and Revenue recommended it as amended
  7. Read a second time
  8. Passed the Senate, 27 to 0

In the House of Representatives Feb 19 – Mar 2

  1. Arrived in the House of Representatives
  2. Sent to Revenue
  3. Heard in Revenue
  4. Heard in Revenue
  5. Revenue recommended it as amended
  6. Read a second time
  7. Passed the House of Representatives, 56 to 2

Back in the Senate Mar 2 – Mar 4

  1. Read a third time
  2. Passed the House of Representatives, 56 to 2
  3. The Senate agreed to the House of Representatives's amendments and passed it again, 30 to 0
  4. Signed in the Senate

To the Governor Mar 9 – Apr 6

  1. Signed in the House of Representatives
  2. Signed by the Governor
  3. Became chapter 112 of Oregon Laws 2016
  4. In force from June 2, 2016
All 25 actions, as published