HB 3411

  • Oregon House Bill
  • 2021 Regular Session
  • Introduced in House Jun 21, 2021
  • House
  • Senate
  • Governor

Relating to recovery rebates; prescribing an effective date.

Abstract

Creates refundable income tax credit to adjust for effect on federal income subtraction of recovery rebates allowed to personal income taxpayers. Provides for credit to be claimed on personal income tax return for 2021 tax year. Applies to tax years beginning on or after January 1, 2020, and before January 1, 2021. Provides that federal tax subtraction is to be calculated without taking into account recovery rebates allowed to personal income taxpayers. Applies to tax years beginning on or after January 1, 2021, and before January 1, 2022. Takes effect on 91st day following adjournment sine die.

Bill Sponsors (15)

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Actions


Jun 27, 2021

House

In committee upon adjournment.

Jun 25, 2021

House

Referred to Revenue.

Jun 21, 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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