HB 3385

  • Oregon House Bill
  • 2021 Regular Session
  • Introduced in House Mar 22, 2021
  • House
  • Senate
  • Governor

Relating to homeowners experiencing financial hardship; prescribing an effective date.

Abstract

Allows personal income taxpayers to subtract from taxable income amounts received from tax-exempt entity and paid toward mortgage loan in arrears, if during tax year taxpayer becomes unemployed and held position paying less than 80 percent of area median income. Applies to payments received in tax years beginning on or after January 1, 2020, and before January 1, 2022. Takes effect on 91st day following adjournment sine die.

Bill Sponsors (1)

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Actions


Jun 27, 2021

House

In committee upon adjournment.

Mar 30, 2021

House

Referred to Revenue.

Mar 22, 2021

House

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Introduced PDF

Related Documents

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Sources

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