l9n/ Oregon

2019 Regular Session

Senate Bill 147

Allows personal income and corporate excise taxpayers to subtract from taxable income amounts paid as principal of or interest on qualified education loans.

Did not become law. It stopped in the Senate's Education Committee on June 30, 2019. The 2019 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Allows personal income and corporate excise taxpayers to subtract from taxable income amounts paid as principal of or interest on qualified education loans. Reduces amount of allowed subtraction by amounts of interest deducted on federal return. Applies to interest paid in tax years beginning on or after January 1, 2019, and before January 1, 2025. 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

In the House of Representatives

    1 co-sponsor

    Mike Nearman

    Its course

    January 14 to June 30, 2019, 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 action6 actions on 5 days

    In the SenateJan 14 to Jun 30 · stopped167 days

    Waiting for a committeeJan 14 to Jan 151 day

    Finance and RevenueJan 15 to Feb 1127 days

    EducationFeb 11 to Jun 30 · stopped139 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 Jan 14 – Jun 30

    1. Jan 14Introduced
    2. Jan 15Sent to Finance and Revenue
    3. Feb 5Heard in Finance and Revenue
    4. Feb 11Finance and Revenue reported it without a recommendation
    5. Sent to Education
    6. Jun 30Died when the session ended
    All 6 actions, as published
    1. Jan 14Introduction and first reading. Referred to President's desk.Senate
    2. Jan 15Referred to Finance and Revenue.Senate
    3. Feb 5Work Session held.Senate
    4. Feb 11Recommendation: Without recommendation as to passage and be returned to President's desk for referral.Senate
    5. Feb 11Referred to Education by Order of the President, with a subsequent referral to Tax Expenditures.Senate
    6. Jun 30In committee upon adjournment.Senate