SB 1034

  • Oregon Senate Bill
  • 2017 Regular Session
  • Introduced in Senate Mar 21, 2017
  • Senate
  • House
  • Governor

Relating to income tax subtractions for student loan payments; prescribing an effective date.

Abstract

Allows personal income and corporate excise taxpayers to subtract from taxable income amounts paid as principal of or interest on qualified education loans, if borrower is taxpayer or spouse, or dependent or employee of taxpayer. Reduces amount of allowed subtraction by amounts of interest deducted on federal return. Applies to interest paid in tax years beginning on or after January 1, 2017, and before January 1, 2023. Takes effect on 91st day following adjournment sine die.

Bill Sponsors (3)

Votes


Actions


Jul 08, 2017

Oregon Legislative Assembly

In committee upon adjournment.

Apr 26, 2017

Oregon Legislative Assembly

Referred to Finance and Revenue by prior reference.

Apr 26, 2017

Oregon Legislative Assembly

Recommendation: Do pass and be referred to Finance and Revenue by prior reference.

Apr 18, 2017

Oregon Legislative Assembly

Public Hearing and Work Session held.

Mar 22, 2017

Oregon Legislative Assembly

Referred to Education, then Finance and Revenue.

Mar 21, 2017

Oregon Legislative Assembly

Introduction and first reading. Referred to President's desk.

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

Document Format
No related documents.

Sources

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