2017 Regular Session
|At the request of:|
|Bill Title:||Relating to qualified equity investments; prescribing an effective date.|
Limits fees payable to qualified community development entity in connection with qualified equity investment.
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, and maximum amount of qualified low-income community investments that may be made in qualified active low-income community business and all affiliates. Applies to tax years beginning on or after January 1, 2016, and to qualified equity investments made in tax years beginning on or after January 1, 2016. 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|