SB 372

  • Oregon Senate Bill
  • 2021 Regular Session
  • Introduced in Senate Jan 11, 2021
  • Senate
  • House
  • Governor

Relating to qualifying investment contracts; prescribing an effective date.

Abstract

Repeals provisions that previously authorized Governor to enter into qualifying investment contract with taxpayer that promises to make certain investments, in exchange for state's contractual obligation to allow continued use of single sales factor method of apportionment. Declares qualifying investment contracts void as of effective date of Act. Takes effect on 91st day following adjournment sine die.

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Jun 27, 2021

Senate

In committee upon adjournment.

Jan 19, 2021

Senate

Referred to Finance and Revenue.

Jan 11, 2021

Senate

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

Bill Text

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Introduced PDF

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