SB 147

  • Oregon Senate Bill
  • 2019 Regular Session
  • Introduced in Senate Jan 14, 2019
  • 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. 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, 2019, and before January 1, 2025. Takes effect on 91st day following adjournment sine die.

Bill Sponsors (3)

Votes


Actions


Jul 01, 2019

Senate

In committee upon adjournment.

Feb 11, 2019

Senate

Referred to Education by Order of the President, with a subsequent referral to Tax Expenditures.

Feb 11, 2019

Senate

Recommendation: Without recommendation as to passage and be returned to President's desk for referral.

Feb 05, 2019

Senate

Work Session held.

Jan 15, 2019

Senate

Referred to Finance and Revenue.

Jan 14, 2019

Senate

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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