HB 2551 Oregon House · 2021 Regular Session

Relating to individual development accounts.

Summary

Establishes Individual Development Account Fund. Continuously appropriates moneys in fund to Housing and Community Services Department to support fiduciary organizations' development of individual development accounts. Modifies individual development account program and decouples program from sunset tax credit program. ] Appropriates moneys to the fund. ] Extends and modifies tax credits for donations for individual development accounts. Applies to tax years beginning on or after January 1, 2022, and before January 1, 2028. Modifies individual development account program.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2021

Committee Review

Floor Vote

Governor

Introduced Jan 11, 2021 Last action Jun 27, 2021

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 27, 2021

Lower · Passed

In committee upon adjournment.

lower

Jun 7, 2021

Committee

Referred to Tax Expenditures by order of Speaker.

lower

Jun 7, 2021

Committee

Subsequent referral to Ways and Means rescinded by order of the Speaker.

lower

Jun 7, 2021

Lower · Passed

Recommendation: Do pass, subsequent referral to Ways and Means be rescinded, and be referred to Tax Expenditures.

lower

Apr 9, 2021

Committee

Referred to Revenue by prior reference and then Ways and Means .

lower

Apr 9, 2021

Lower · Passed

Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Revenue by prior reference, then be referred to Ways and Means by prior reference.

lower

Jan 20, 2021

Committee

Referred to Human Services with subsequent referral to Revenue, then Ways and Means.

lower

Jan 11, 2021

Introduced

First reading. Referred to Speaker's desk.

lower

2 primary · 11 co-sponsors