OR SB1530 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on March 7 2014 - 100% progression
Action: 2014-03-07 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Summary

Modifies provisions allowing for optional reduced rates of personal income tax on nonpassive income. Expands availability to all pass-through entities. Adjusts rate thresholds using consumer price index. Provides for estimate forming basis of possible rate adjustment to be performed using provisions as modified in Act. Takes effect on 91st day following adjournment sine die.

Tracking Information

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Title

Relating to reductions in taxes; prescribing an effective date.

Sponsors


History

DateChamberAction
2014-03-07SenateIn committee upon adjournment.
2014-02-03SenateReferred to Finance and Revenue.
2014-02-03SenateIntroduction and first reading. Referred to President's desk.

Oregon State Sources


Bill Comments

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