SB 633

  • Oregon Senate Bill
  • 2017 Regular Session
  • Introduced in Senate Jan 09, 2017
  • Senate
  • House
  • Governor

Relating to financial relief for commercial forestlands damaged by catastrophic fire events; prescribing an effective date.

Abstract

Establishes tax credit for reforestation of commercial forestland following loss from catastrophic fire event. Makes tax credit applicable for losses incurred from catastrophic fire during fire loss years that begin on or after November 1, 2016, and end on or before October 31, 2022. Makes tax credit available for up to three tax years after year in which State Forester issues preliminary certificate for loss. Takes effect on 91st day following adjournment sine die.

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Jul 08, 2017

Oregon Legislative Assembly

In committee upon adjournment.

Feb 22, 2017

Oregon Legislative Assembly

Public Hearing held.

Jan 17, 2017

Oregon Legislative Assembly

Referred to Environment and Natural Resources, then Tax Credits.

Jan 09, 2017

Oregon Legislative Assembly

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

Bill Text

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Introduced PDF

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