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2011 Regular Session
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to tax expenditures; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Catchline/Summary: Sunsets all income or corporate excise tax credits and all income or corporate excise tax deductions, subtractions or exemptions created by state law.
Retains tax expenditures required by federal law, by Oregon Constitution or to avoid double taxation. Establishes Tax Expenditure Review Commission. Directs commission to review all income or corporate excise tax expenditures, report to Legislative Assembly and make recommendations for proposed legislation. Sunsets commission on date of convening of 2013 legislative session. 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