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2011 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to state finance; and declaring an emergency.
Catchline/Summary: Modifies conditions under which credit union depositories may act as depositories of public funds.
Applies four-year sunset to corporate tax and filing fee provisions of Ballot Measure 67 (2010).] Decreases corporate minimum tax to $10. Discontinues corporate minimum tax for C corporations based on amount of Oregon sales. Decreases rate of corporate excise tax imposed on C corporations. Repeals $150 entity tax on partnerships. Applies to tax years beginning on or after January 1, 2013.] Decreases filing fee for specified documents and reports delivered to Secretary of State. Decreases maximum filing fee for financing statements and other records related to Uniform Commercial Code. Decreases maximum application fee for appointment as notary public. Applies to documents and records filed, applications made and fees collected on or after January 1, 2013.] Modifies conditions under which credit union depositories may hold uninsured public funds. Exempts certain collateralized funds from general provisions related to deposit of public funds. Declares emergency, effective on passage.
Chapter Number: Chapter 667
Fiscal Impact: No Fiscal Impact
Revenue Impact: No Revenue Impact
Measure Analysis: Staff Measure Summary / Impact Statements
Current Location: Chapter Number Assigned
Current Committee:
Current Subcommittee:
Subsequent Referral(s):
Potential Conflicts of Interest/Vote Explanations: Potential Conflicts of Interest/Vote Explanation Documents
Measure History
Scheduled Events