OregonRelating to tax exemptions for business development; prescribing an effective date.
What it does
Modifies provisions governing a corporate excise tax exemption allowed for business firms operating in certain economically lagging areas. Makes changes to the program requirements, including methods of calculating employee wages in support of showing of applicant eligibility. First applies to preliminary certifications and annual certifications issued on or after the effective date of the Act.
More detail
Takes effect on the 91st day following adjournment sine die.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 28In committee upon adjournment.Latest
- Jun 10Public Hearing held.
- May 29Informational Meeting held.
- Apr 15Informational Meeting held.
- Apr 8Public Hearing held.
- Mar 20Referred to Revenue by order of Speaker.Minor
- Mar 20Recommendation: Do pass and be referred to Revenue.Minor
- Mar 17Work Session held.
- Vote recorded Heard and Reported Out. Result: pass.Lower
- Feb 24Public Hearing held.
- Jan 17Referred to Economic Development, Small Business, and Trade.Minor
- Jan 13First reading. Referred to Speaker's desk.Introduced