l9n/ Oregon

2024 Regular Session

Senate Bill 1520

Creates Oregon tax subtraction for amounts received in resolution of a civil action arising from wildfire.

Became law as Chapter 50, Oregon Laws 2024, signed March 27, 2024, 51 days after it was filed. In force from June 6, 2024.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Digest: Exempts awards from and legal fees paid in wildfire suits from income tax. (Flesch Readability Score: 76.5).</b> [<i>Digest: Exempts award from wildfire suit from income tax. (Flesch Readability Score: 71.8).</i>] Creates Oregon tax subtraction for amounts received in resolution of a civil action arising from wildfire. <b>Creates an Oregon tax subtraction for wildfire-related legal fees paid by plaintiffs.</b> Allows taxpayer to amend return to claim refund for earliest tax year in which subtraction is allowed. Applies to declarations and executive orders issued on or after January 1, [<i>2020</i>]<b> 2018</b>, and before January 1, 2026, and to amounts received<b>, losses incurred and legal fees paid</b> in tax years beginning on or after January 1, [<i>2020</i>]<b> 2018</b>. Takes effect on the 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

8 co-sponsors

Suzanne Weber, Kim Thatcher, Cedric Hayden, Dick Anderson, Dennis Linthicum, Bill Hansell, Tim Knopp, James Manning Jr.

In the House of Representatives

5 co-sponsors

Bobby Levy, Ed Diehl, E. Werner Reschke, Boomer Wright, Zach Hudson

Its course

February 5 to March 28, 2024, 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 action23 actions on 14 days

In the SenateFeb 5 to Feb 2823 days

Waiting for a committeeFeb 5 to Feb 50 days

Finance and RevenueFeb 5 to Feb 2318 days

In the House of RepresentativesFeb 28 to Mar 56 days

Waiting for a committeeFeb 28 to Feb 280 days

RevenueFeb 28 to Mar 45 days

Back in the SenateMar 5 to Mar 72 days

With the GovernorMar 7 to Mar 2720 days

Votes

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

  • Senate, third reading30–0

    Passed · Feb 28

  • House of Representatives, third reading51–0

    Passed · Mar 5 · 9 present

  • Senate, concurrence29–0

    Agreed to the other chamber's changes · Mar 6 · 1 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Feb 23

  • House of Representatives committee amendmentAdopted

    Adopted Mar 4

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 Feb 5 – Feb 28

  1. Feb 5Introduced
  2. Sent to Finance and Revenue
  3. Feb 8Heard in Finance and Revenue
  4. Feb 21Heard in Finance and Revenue
  5. Feb 22Heard in Finance and Revenue
  6. Feb 23Finance and Revenue recommended it as amended
  7. Feb 26Read a second time
  8. Feb 28Passed the Senate, 30 to 0

In the House of Representatives Feb 28 – Mar 5

  1. Feb 28Arrived in the House of Representatives
  2. Sent to Revenue
  3. Mar 4Heard in Revenue
  4. Revenue recommended it as amended
  5. Mar 5Read a second time
  6. Passed the House of Representatives, 51 to 0

Back in the Senate Mar 6 – Mar 7

  1. Mar 6The Senate agreed to the House of Representatives's amendments and passed it again, 29 to 0
  2. Mar 7Signed in the Senate

To the Governor Mar 7 – Mar 28

  1. Mar 7Signed in the House of Representatives
  2. Mar 27Signed by the Governor
  3. Mar 28Became chapter 50 of Oregon Laws 2024
  4. In force from June 6, 2024
All 23 actions, as published
  1. Feb 5Introduction and first reading. Referred to President's desk.Senate
  2. Feb 5Referred to Finance and Revenue.Senate
  3. Feb 8Public Hearing held.Senate
  4. Feb 21Informational Meeting held.Senate
  5. Feb 22Public Hearing and Work Session held.Senate
  6. Feb 23Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  7. Feb 26Second reading.Senate
  8. Feb 27Carried over to 02-28 by unanimous consent.Senate
  9. Feb 28Third reading. Carried by Golden, Boquist. Passed.Senate
  10. Feb 28Girod declared potential conflict of interest.Senate
  11. Feb 28First reading. Referred to Speaker's desk.House of Representatives
  12. Feb 28Referred to Revenue.House of Representatives
  13. Mar 4Public Hearing and Work Session held.House of Representatives
  14. Mar 4Recommendation: Do pass with amendments and be printed B-Engrossed.House of Representatives
  15. Mar 5Second reading.House of Representatives
  16. Mar 5Rules suspended. Third reading. Carried by Gomberg. Passed.House of Representatives
  17. Mar 6Senate concurred in House amendments and repassed bill.Senate
  18. Mar 6Girod declared potential conflict of interest.Senate
  19. Mar 7President signed.Senate
  20. Mar 7Speaker signed.House of Representatives
  21. Mar 27Governor signed.Senate
  22. Mar 28Chapter 50, 2024 Laws.Senate
  23. Mar 28Effective date, June 6, 2024.Senate