2011 Regular Session
|At the request of:|
|Bill Title:||Relating to taxation; prescribing an effective date.|
Requires, for Oregon income tax purposes, addition to federal taxable income of home mortgage interest amounts that exceed $15,000 for tax year.
Creates subtraction from taxable income for net capital gain that is invested in certain businesses. Applies to tax years beginning on or after January 1, 2011. Takes effect on 91st day following adjournment sine die.
|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|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|