OR SB1506 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Passed on April 6 2016 - 100% progression
Action: 2016-04-06 - Effective date, June 2, 2016.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Unknown
Status: Passed on April 6 2016 - 100% progression
Action: 2016-04-06 - Effective date, June 2, 2016.
Text: Latest bill text (Enrolled) [PDF]
Summary
Changes minimum expenditure requirement for property tax exemption of qualified machinery and equipment used to process grains or bakery products from $100,000 of real market value when placed in service to $100,000 of total cost of initial investment to food processor. Takes effect on 91st day following adjournment sine die.
Title
Relating to the minimum cost requirement for the exemption of certain food processing property; and prescribing an effective date.
Sponsors
| No sponsor information available at this time. |
Roll Calls
2016-02-29 - House - House Third Reading (Y: 59 N: 0 NV: 0 Abs: 1) [PASS]
2016-02-25 - House - House Committee Do Pass (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2016-02-02 - Senate - Senate Committee Do pass (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-25 - House - House Committee Do Pass (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2016-02-02 - Senate - Senate Committee Do pass (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-04-06 | Senate | Effective date, June 2, 2016. |
| 2016-04-06 | Senate | Chapter 105, 2016 Laws. |
| 2016-04-04 | Senate | Governor signed. |
| 2016-03-02 | House | Speaker signed. |
| 2016-03-02 | Senate | President signed. |
| 2016-02-29 | House | Third reading. Carried by Hoyle. Passed.Ayes, 59; Excused, 1--Nearman. |
| 2016-02-26 | House | Second reading. |
| 2016-02-26 | House | Recommendation: Do pass. |
| 2016-02-25 | House | Work Session held. |
| 2016-02-12 | House | Public Hearing held. |
| 2016-02-04 | House | Referred to Revenue. |
| 2016-02-04 | House | First reading. Referred to Speaker's desk. |
| 2016-02-04 | Senate | Third reading. Carried by Edwards. Passed.Ayes, 29; excused, 1--Winters. |
| 2016-02-03 | Senate | Second reading. |
| 2016-02-03 | Senate | Recommendation: Do pass. |
| 2016-02-02 | Senate | Public Hearing and Work Session held. |
| 2016-02-01 | Senate | Referred to Finance and Revenue. |
| 2016-02-01 | Senate | Introduction and first reading. Referred to President's desk. |
| 2016-01-27 | Senate | Presession Released to the Public. |
