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2015 Regular Session
Overview
At the request of:
Chief Sponsors:
Regular Sponsors:
Bill Title: Relating to a severance tax on the harvest of timber; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.
Catchline/Summary: Imposes severance tax on harvest of timber from forestlands in Oregon to fund income tax credit for milling of logs in Oregon, income tax credit for production or collection of biomass, fire suppression, watershed enhancement programs and woodstove certification program, and for distribution to counties.
Applies to tax years beginning on or after January 1, 2016. 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