(at the request of Governor John A. Kitzhaber for Housing and Community Services Department)
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Regular Sponsors:
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Bill Title:
Relating to tax credits for farmworker housing; and prescribing an effective date.
Catchline/Summary:
Expands definitions of "farmworker" and "contributor" for purposes of farmworker housing tax credits. Expands definitions of "farmworker" and "contributor" for purposes of farmworker housing tax credits. Modifies provisions related to availability of credits. Makes exception to provision barring credits for dwellings occupied by relatives of owner in case of manufactured dwelling park nonprofit cooperatives. Allows tax-exempt entities owning or operating farmworker housing to transfer credits. Restricts transfer of credits following completion of farmworker housing projects.]
Applies to tax years beginning on or after January 1, 2008, and to applications for farmworker housing credit approval filed on or after effective date of Act.
Takes effect on 91st day following adjournment sine die.
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HB 2154
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