Relating to a subtraction for recovery rebates received by taxpayers; prescribing an effective date.
Summary
Creates income tax subtraction for recovery rebates paid to personal income taxpayers. Directs Department of Revenue to make refund payments of overpayments due to operation of subtraction as soon as practicable. Applies to tax years beginning on or after January 1, 2020, and before January 1, 2022. Takes effect on 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
Governor
Introduced Mar 22, 2021
Last action Jun 27, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jun 27, 2021
Lower · Passed
In committee upon adjournment.
lower
Mar 30, 2021
Committee
Referred to Revenue.
lower
Mar 22, 2021
Introduced
First reading. Referred to Speaker's desk.
lower
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Christine Drazan
RRepublican
P
LF
Lynn Findley
RRepublican
P
Werner Reschke
RRepublican
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