l9n/ Oregon

2017 Regular Session

House Bill 2929

Establishes subtraction from personal income taxes for amounts that taxpayers pay in student loan interest.

Did not become law. It stopped in the House of Representatives's Revenue Committee on July 7, 2017. The 2017 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Establishes subtraction from personal income taxes for amounts that taxpayers pay in student loan interest. Specifies amount of and eligibility for subtraction. Establishes refundable credit against personal income taxes for contributions to higher education savings network account. Establishes tax credit for amounts contributed to higher education savings network accounts owned by employees of taxpayer. Increases limitation on subtraction for contribution to ABLE account or higher education savings network account to amount per designated beneficiary. Applies credits and subtractions to tax years beginning on or after January 1, 2017, and before January 1, 2023. Specifies that amount in account established for higher education expenses is disregarded for purposes of determining account owner's financial eligibility to receive assistance or benefit authorized by law, to extent permitted under federal law. Applies to eligibility determinations made on or after January 1, 2018. 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

4 co-sponsors

Paul Holvey, Rob Nosse, Jennifer Williamson, Caddy McKeown

Its course

February 15 to July 7, 2017, 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 action9 actions on 8 days

In the House of RepresentativesFeb 15 to Jul 7 · stopped142 days

Waiting for a committeeFeb 15 to Feb 205 days

Higher Education and Workforce DevelopmentFeb 20 to Apr 2463 days

RevenueApr 24 to Jul 7 · stopped74 days

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Apr 24

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 Feb 15 – Jul 7

  1. Feb 15Introduced
  2. Feb 20Sent to Higher Education and Workforce Development
  3. Mar 28Heard in Higher Education and Workforce Development
  4. Apr 11Heard in Higher Education and Workforce Development
  5. Apr 18Heard in Higher Education and Workforce Development
  6. Apr 24Higher Education and Workforce Development recommended it as amended, and that it go to Revenue
  7. Sent to Revenue
  8. May 1Heard in Revenue
  9. Jul 7Died when the session ended
All 9 actions, as published
  1. Feb 15First reading. Referred to Speaker's desk.House of Representatives
  2. Feb 20Referred to Higher Education and Workforce Development with subsequent referral to Revenue.House of Representatives
  3. Mar 28Public Hearing held.House of Representatives
  4. Apr 11Work Session held.House of Representatives
  5. Apr 18Work Session held.House of Representatives
  6. Apr 24Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Revenue by prior reference.House of Representatives
  7. Apr 24Referred to Revenue by prior reference.House of Representatives
  8. May 1Public Hearing held.House of Representatives
  9. Jul 7In committee upon adjournment.House of Representatives