Relating to inheritance tax; appropriating money; prescribing an effective date.
Catchline/Summary:
Establishes Next Generation Fund.Provides for annual adjustment, based on U.S. City Average Consumer Price Index, of threshold for filing inheritance tax return.] Establishes Next Generation Fund. Directs inheritance tax revenues to Next Generation Fund. Appropriates moneys to Oregon Student Assistance Commission to fund Oregon Opportunity Grant program and to Department of Education to fund Oregon prekindergarten program] early childhood education programs.
Applies to estates of decedents dying on or after January 1, 2010, and to] revenues received by Department of Revenue on or after January 1, 2010] 2011.
Takes effect on 91st day following adjournment sine die.
Oregon Legislative Assembly - Public Testimony Registration Form
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HB 2741 Joint Committee On Ways and Means Subcommittee On Capital Construction and Info Technology
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