l9n/ Oregon

2018 Regular Session

House Bill 4007

Permits individual to create first-time home buyer savings account with financial institution to pay or reimburse account holder's eligible costs for first-time purchase of single family residence.

Became law as Chapter 109, Oregon Laws 2018, signed April 13, 2018, 81 days after it was filed. In force from June 2, 2018.

What it does

The synopsis the Legislative Assembly published with the bill.

Permits individual to create first-time home buyer savings account with financial institution to pay or reimburse account holder's eligible costs for first-time purchase of single family residence. Allows subtraction from account holder's federal taxable income of amounts contributed to first-time home buyer savings account during each tax year. Exempts from taxation amount of interest and other income earned on account. Establishes amount and time limitations on subtractions and exemptions from taxable income. Provides that withdrawals for purposes other than approved purposes are taxable income to account holder <b>and subject to penalty</b>. Applies to tax years beginning on or after January 1, 2019, and before January 1, <i>2027</i>] <b>2037</b>. Increases amount of fees charged and collected by county clerks to record or file certain real property documents and transferred to Housing and Community Services Department accounts for housing-related programs. Exempts county tax collectors from paying certain fees. Takes effect on 91st day following adjournment sine die.

Its course

January 22 to April 18, 2018, 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 action31 actions on 17 days

In the House of RepresentativesJan 22 to Mar 340 days

Waiting for a committeeJan 22 to Feb 514 days

Human Services and HousingFeb 5 to Feb 1914 days

RevenueFeb 19 to Feb 267 days

Ways and MeansFeb 26 to Feb 26 · moved on0 days

Capital ConstructionFeb 26 to Mar 1 · moved on3 days

Ways and MeansMar 1 to Mar 21 day

In the SenateMar 3 to Mar 30 days

Waiting for a committeeMar 3 to Mar 30 days

Ways and MeansMar 3 to Mar 30 days

With the GovernorMar 3 to Apr 1341 days

Votes

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

  • House of Representatives, third reading40–19

    Passed · Mar 3 · 1 present

  • Senate, third reading20–9

    Passed · Mar 3 · 1 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Feb 19

  • House of Representatives committee amendmentAdopted

    Adopted Feb 26

  • House of Representatives committee amendmentAdopted

    Adopted Mar 2

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 22 – Mar 3

  1. Jan 22Filed before the session
  2. Feb 5Introduced
  3. Sent to Human Services and Housing
  4. Feb 6Heard in Human Services and Housing
  5. Feb 13Heard in Human Services and Housing
  6. Feb 15Heard in Human Services and Housing
  7. Feb 19Human Services and Housing recommended it as amended, and that it go to Revenue
  8. Sent to Revenue
  9. Feb 20Heard in Revenue
  10. Feb 21Heard in Revenue
  11. Feb 22Heard in Revenue
  12. Feb 26Revenue recommended it as amended, and that it go to Ways and Means
  13. Sent to Ways and Means
  14. Sent to Capital Construction Subcommittee
  15. Mar 1Heard in Capital Construction Subcommittee
  16. Returned to Ways and Means
  17. Mar 2Heard in Ways and Means
  18. Ways and Means recommended it as amended
  19. Mar 3Read a second time
  20. Passed the House of Representatives, 40 to 19

In the Senate Mar 3

  1. Mar 3Arrived in the Senate
  2. Sent to Ways and Means
  3. Ways and Means recommended it
  4. Read a second time
  5. Passed the Senate, 20 to 9

To the Governor Mar 6 – Apr 18

  1. Mar 6Signed in the House of Representatives
  2. Mar 13Signed in the Senate
  3. Apr 13Signed by the Governor
  4. Apr 18Became chapter 109 of Oregon Laws 2018, in force from June 2, 2018
All 31 actions, as published
  1. Jan 22Presession Released to the Public.House of Representatives
  2. Feb 5First reading. Referred to Speaker's desk.House of Representatives
  3. Feb 5Referred to Human Services and Housing with subsequent referral to Revenue.House of Representatives
  4. Feb 6Public Hearing held.House of Representatives
  5. Feb 13Work Session held.House of Representatives
  6. Feb 15Work Session held.House of Representatives
  7. Feb 19Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Revenue by prior reference.House of Representatives
  8. Feb 19Referred to Revenue by prior reference.House of Representatives
  9. Feb 20Public Hearing held.House of Representatives
  10. Feb 21Public Hearing held.House of Representatives
  11. Feb 22Work Session held.House of Representatives
  12. Feb 26Recommendation: Do pass with amendments, be printed B-Engrossed, and be referred to Ways and Means.House of Representatives
  13. Feb 26Referred to Ways and Means by order of Speaker.House of Representatives
  14. Feb 26Assigned to Subcommittee On Capital Construction.House of Representatives
  15. Mar 1Work Session held.House of Representatives
  16. Mar 1Returned to Full Committee.House of Representatives
  17. Mar 2Work Session held.House of Representatives
  18. Mar 2Recommendation: Do pass with amendments and be printed C-Engrossed.House of Representatives
  19. Mar 3Second reading.House of Representatives
  20. Mar 3Rules suspended. Third reading. Carried by Keny-Guyer. Passed.House of Representatives
  21. Mar 3Vote explanation(s) filed by Smith DB.House of Representatives
  22. Mar 3First reading. Referred to President's desk.Senate
  23. Mar 3Referred to Ways and Means.Senate
  24. Mar 3Recommendation: Do pass the C-Eng. bill.Senate
  25. Mar 3Second reading.Senate
  26. Mar 3Rules suspended. Third reading. Carried by Monroe. Passed.Senate
  27. Mar 3Vote explanation filed by Boquist.Senate
  28. Mar 6Speaker signed.House of Representatives
  29. Mar 13President signed.Senate
  30. Apr 13Governor signed.House of Representatives
  31. Apr 18Chapter 109, (2018 Laws): Effective date June 2, 2018.House of Representatives