2017 Regular Session
|At the request of:||(at the request of House Special Committee on Small Business Growth)|
|Regular Sponsors:||(Presession Filed)|
|Bill Title:||Relating to qualified equity investment tax credits; prescribing an effective date.|
|Catchline/Summary:||Extends sunset for tax credit for qualified equity investment.
Increases maximum amount of qualified equity investments that Oregon Business Development Department may certify per tax year. Sets aside percentage, for affordable housing construction, of allowed amount of qualified low-income community investments that may be made with proceeds of qualified equity investments that are certified for tax credit. Applies to qualified equity investments made on or after January 1, 2018. 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 Economic Development and Trade|