l9n/ Oregon

2020 Regular Session

Senate Bill 1504

Provides that value of certain fungible authorizations, received at no cost, from state government agency pursuant to state program for regulating greenhouse gas emissions is exempt from personal income taxation and corporate excise and income taxation.

Did not become law. It stopped in the Senate on March 8, 2020. The 2020 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Provides that certain fungible authorizations or credits issued by state government agency pursuant to state program for regulating greenhouse gas emissions do not constitute property or property rights.</i>] Provides that <i>receipt</i>] <b>value</b> of certain fungible authorizations, <b>received</b> at no cost, from state government agency pursuant to state program for regulating greenhouse gas emissions is exempt from personal income taxation and corporate excise and income taxation. <b>Provides that gains and losses from first sale or other transfer of fungible authorization to emit carbon dioxide equivalent, or of fungible credit representing emissions reductions or removal of carbon dioxide equivalent, issued by state government agency, are not subject to capital gains taxation. <b>Provides that fungible authorizations to emit carbon dioxide equivalent, or of fungible credits representing emissions reductions or removal of carbon dioxide equivalent, issued by state government agency, are exempt from ad valorem property taxation.</b> Requires Department of Transportation, in consultation with Department of Environmental Quality and other appropriate state agencies, to study modifying classification of diesel fuel. Requires Department of Transportation to report results of study to Joint Committee on Transportation during 2021 regular session of Legislative Assembly. Requires report to include implementation plan for reclassifying diesel fuel.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

1 co-sponsor

Arnie Roblan

Its course

January 27 to March 8, 2020, 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 action14 actions on 11 days

In the SenateJan 27 to Mar 8 · stopped41 days

Waiting for a committeeJan 27 to Feb 37 days

Finance and RevenueFeb 3 to Feb 1916 days

Ways and MeansFeb 19 to Feb 25 · moved on6 days

Capital ConstructionFeb 25 to Feb 27 · moved on2 days

Ways and MeansFeb 27 to Mar 35 days

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Feb 19

  • Senate committee amendmentAdopted

    Adopted Mar 3

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 – Mar 8

  1. Jan 27Filed before the session
  2. Feb 3Introduced
  3. Sent to Finance and Revenue
  4. Feb 13Heard in Finance and Revenue
  5. Feb 18Heard in Finance and Revenue
  6. Feb 19Finance and Revenue recommended it as amended
  7. Sent to Ways and Means
  8. Feb 25Sent to Capital Construction Subcommittee
  9. Feb 27Heard in Capital Construction Subcommittee
  10. Returned to Ways and Means
  11. Feb 28Heard in Ways and Means
  12. Mar 3Ways and Means recommended it as amended
  13. Mar 8Died when the session ended
All 14 actions, as published
  1. Jan 27Presession Released to the Public.Senate
  2. Feb 3Introduction and first reading. Referred to President's desk.Senate
  3. Feb 3Referred to Finance and Revenue.Senate
  4. Feb 13Public Hearing held.Senate
  5. Feb 14Work Session cancelled.Senate
  6. Feb 18Work Session held.Senate
  7. Feb 19Recommendation: Do Pass with amendments. (Printed A-Eng.)Senate
  8. Feb 19Referred to Ways and Means by order of the President.Senate
  9. Feb 25Assigned to Subcommittee On Capital Construction.Senate
  10. Feb 27Work Session held.Senate
  11. Feb 27Returned to Full Committee.Senate
  12. Feb 28Work Session held.Senate
  13. Mar 3Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)Senate
  14. Mar 8At Desk upon adjournment.Senate