2017 Regular Session
|At the request of:|
|Bill Title:||Relating to exclusion of capital gain attributable to sale of principal residence; prescribing an effective date.|
Requires addition to taxable income for Oregon tax purposes of amount of gain attributable to sale or exchange of taxpayer's principal residence and excluded from federal taxable income, if in excess of certain threshold.
Applies to tax years beginning 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 Revenue|