2015 Regular Session
|At the request of:|
|Bill Title:||Relating to connection to federal tax law; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.|
Directs Legislative Revenue Officer to prepare and submit annual report to committee of Legislative Assembly on revenue impact of connection of Oregon statutes to federal tax law.
Discontinues automatic connection of provision related to definition of taxable income to federal tax law if revenue impact is negative. Reestablishes automatic connection if revenue impact is subsequently positive or neutral. 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|