l9n/ Oregon

2021 Regular Session

Senate Bill 139

Reduces elective reduced personal income tax rates allowed for certain pass-through income by modifying income brackets.

Became law as Chapter 570, Oregon Laws 2021, signed July 19, 2021, 189 days after it was filed. In force from September 25, 2021.

What it does

The synopsis the Legislative Assembly published with the bill.

Reduces <i>amount of income eligible for</i>] elective reduced personal income tax <i>rate</i>] <b>rates</b> allowed for certain pass-through income<b> by modifying income brackets</b>. <i>Excludes income attributable to certain types of trade or business from eligibility for reduced rate.</i>]<b> Conditions allowance of rates on partnership or S corporation meeting either requirement of ratio of nonowner employees to owners or of percentage limitation on distributions, based on ordinary business income of partnership or S corporation. Exempts entity with ordinary business income not exceeding $250,000.</b> Applies to tax years beginning on or after January 1, 2021. Takes effect on 91st day following adjournment sine die.

Its course

January 11 to August 20, 2021, 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 action22 actions on 16 days

In the SenateJan 11 to Jun 17157 days

Waiting for a committeeJan 11 to Jan 198 days

Finance and RevenueJan 19 to Jun 15147 days

In the House of RepresentativesJun 17 to Jun 247 days

Waiting for a committeeJun 17 to Jun 170 days

RevenueJun 17 to Jun 225 days

With the GovernorJun 24 to Jul 1925 days

Votes

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

  • Senate, third reading16–13

    Passed · Jun 17 · 1 present

  • House of Representatives, third reading32–26

    Passed · Jun 24 · 1 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Jun 15

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 11 – Jun 17

  1. Jan 11Introduced
  2. Jan 19Sent to Finance and Revenue
  3. Feb 25Heard in Finance and Revenue
  4. Jun 7Heard in Finance and Revenue
  5. Jun 9Heard in Finance and Revenue
  6. Jun 14Heard in Finance and Revenue
  7. Jun 15Finance and Revenue recommended it as amended
  8. Jun 16Read a second time
  9. Jun 17Passed the Senate, 16 to 13

In the House of Representatives Jun 17 – Jun 24

  1. Jun 17Arrived in the House of Representatives
  2. Sent to Revenue
  3. Jun 21Heard in Revenue
  4. Jun 22Revenue recommended it
  5. Jun 23Read a second time
  6. Jun 24Passed the House of Representatives, 32 to 26

To the Governor Jun 26 – Aug 20

  1. Jun 26Signed in the Senate
  2. Signed in the House of Representatives
  3. Jul 19Signed by the Governor
  4. Aug 20Became chapter 570 of Oregon Laws 2021
  5. In force from September 25, 2021
All 22 actions, as published
  1. Jan 11Introduction and first reading. Referred to President's desk.Senate
  2. Jan 19Referred to Finance and Revenue.Senate
  3. Feb 25Public Hearing held.Senate
  4. Jun 7Public Hearing held.Senate
  5. Jun 9Work Session held.Senate
  6. Jun 14Work Session held.Senate
  7. Jun 15Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  8. Jun 16Second reading.Senate
  9. Jun 17Third reading. Carried by Burdick, Boquist. Passed.Senate
  10. Jun 17Vote explanation(s) filed by Heard.Senate
  11. Jun 17First reading. Referred to Speaker's desk.House of Representatives
  12. Jun 17Referred to Revenue.House of Representatives
  13. Jun 21Public Hearing and Work Session held.House of Representatives
  14. Jun 22Recommendation: Do pass.House of Representatives
  15. Jun 23Second reading.House of Representatives
  16. Jun 24Third reading. Carried by Valderrama. Passed.House of Representatives
  17. Jun 24Vote explanation(s) filed by Neron.House of Representatives
  18. Jun 26President signed.Senate
  19. Jun 26Speaker signed.House of Representatives
  20. Jul 19Governor signed.Senate
  21. Aug 20Chapter 570, 2021 Laws.Senate
  22. Aug 20Effective date, September 25, 2021.Senate