HB 3302 Oregon House · 2023 Regular Session

Relating to a tax credit for investment in affordable housing; prescribing an effective date.

Summary

Creates income or corporate excise tax credit for investment in affordable housing, available to taxpayer eligible for federal low-income housing credit, and allocated by Housing and Community Services Department. Sets annual limit for total combined potential tax credits allocated to all taxpayers. Applies to tax years beginning on or after January 1, 2024, and before January 1, 2039. Takes effect on 91st day following adjournment sine die.

Bill status in committee 1 of 4 stages cleared

Introduction

Feb 2023

Committee Review

Floor Vote

Governor

Introduced Feb 21, 2023 Last action Jun 25, 2023

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 25, 2023

Lower · Passed

In committee upon adjournment.

lower

Apr 3, 2023

Committee

Referred to Tax Expenditures by prior reference.

lower

Apr 3, 2023

Lower · Passed

Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Tax Expenditures by prior reference.

lower

Feb 23, 2023

Committee

Referred to Housing and Homelessness with subsequent referral to Tax Expenditures.

lower

Feb 21, 2023

Introduced

First reading. Referred to Speaker's desk.

lower

1 primary · 1 co-sponsor