2018 Regular Session
|At the request of:||(at the request of House Interim Committee on Revenue)|
|Regular Sponsors:||Introduced and printed pursuant to House Rule 12.00. Presession filed|
|Bill Title:||Relating to tax expenditures; prescribing an effective date.|
Limits expenses for which dependent care income tax credit may be claimed to lesser of each spouse's income on joint return and to earned income taxable by Oregon.
Modifies annual limitation on total amount of tax credits for production or collection of bovine manure allowed for all taxpayers by tying limitation to calendar year instead of tax year. Modifies terms. Removes restrictions on types of sponsoring entities of manufactured dwelling parks for which lending institution may be allowed tax credit for qualified loan. Applies to tax years beginning on or after January 1, 2019. 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|