(at the request of Governor John A. Kitzhaber for Oregon Business Development Department)
Chief Sponsors:
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Regular Sponsors:
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Bill Title:
Relating to tax incentives for increases in traded sector business firm payroll; prescribing an effective date.
Catchline/Summary:
Establishes income tax credit for business firms doing business in traded sector, based on increase in annual payroll. Establishes income tax credit for business firms doing business in traded sector, based on increase in annual payroll.
Provides for certification by Oregon Business Development Department. Authorizes department to certify business firms on or after October 1, 2011, and on or before December 31, 2017.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 2163 House Committee On Transportation and Economic Development
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