HB 2584 Oregon House · 2021 Regular Session

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

Summary

Increases total amount of tax credits for affordable housing lenders allowed for all taxpayers per fiscal year. Expands purposes for which qualified borrower may use loan proceeds, with conditions. Extends period over which credit may be claimed, for certain loans with federal financing. Adds bonds issued by housing authority to types of bonds that lending institution may purchase to make qualified loan. Applies to tax years beginning on or after January 1, 2022. Takes effect on 91st day following adjournment sine die.

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

May 12, 2021

Committee

Referred to Tax Expenditures by order of Speaker.

lower

May 12, 2021

Lower · Passed

Recommendation: Do pass with amendments, be printed B-Engrossed, and be referred to Tax Expenditures.

lower

Feb 27, 2021

Committee

Referred to Revenue by prior reference.

lower

Feb 27, 2021

Lower · Passed

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

lower

Jan 20, 2021

Committee

Referred to Housing with subsequent referral to Revenue.

lower

Jan 11, 2021

Introduced

First reading. Referred to Speaker's desk.

lower

1 primary · 2 co-sponsors