2017 Regular Session
|At the request of:||(at the request of Senate Interim Committee on Finance and Revenue)|
|Regular Sponsors:||Printed pursuant to Senate Interim Rule 213.28 by order of the President of the Senate in conformance with presession filing rules, indicating neither advocacy nor opposition on the part of the President.|
|Bill Title:||Relating to revenue from Oregon sales of motor vehicle fuel; prescribing an effective date.|
Requires corporate taxpayer to separately report amount of Oregon sales of motor vehicle fuel or any other product used for propulsion of motor vehicles on corporate tax return.
Requires corporate taxpayer to separately report amount of Oregon sales of motor vehicle fuel or any other product used for propulsion of motor vehicles on corporate tax return. Requires Department of Revenue to determine quarterly amount of corporate minimum tax paid by taxpayer attributable to such sales and to pay amount over to State Treasurer for deposit in State Highway Fund. Applies to tax years beginning on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||No Fiscal Impact|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|