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2011 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to taxation; prescribing an effective date.
Catchline/Summary: Revises corporate minimum tax for C corporations by imposing tax based on combination of taxpayer's fixed assets, Oregon sales and payroll for tax year.
Restricts use of tax credits to 10 percent of taxpayer's liability for tax year before allowance of credits. Applies to tax years beginning on or after January 1, 2011. Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact: May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact: May Have Revenue Impact, But No Statement Yet Issued
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: In House Committee
Current Committee: House Committee On Revenue
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events