Establishes Task Force on Tax Competitiveness. Requires task force to report findings and recommendations to interim committee of Legislative Assembly related to revenue on or before September 15, 2024. Sunsets task force December 31, 2024. Declares emergency, effective on passage.
Establishes DMV Modernization Task Force to study options for expanding number of driver and motor vehicle services available to public through private providers. Sunsets task force on December 31, 2024. Takes effect on 91st day following adjournment sine die.
Increases maximum percentage of tax or fee that governing body of city or county may impose on sale of marijuana items. Requires percentage of newly enacted or increased amount to be transferred to county in which collecting marijuana retailer is located, provided county is eligible to receive distributions from Oregon Marijuana Account. Applies to marijuana items sold on or after January 1, 2024. Takes effect on 91st day following adjournment sine die.
Prohibits Oregon Health Authority from requiring associate degree or higher for eligibility for licensure as emergency medical services provider. Takes effect on 91st day following adjournment sine die.
Removes provisions of property tax exemption for community solar projects that restrict exemption to proportion owned by residential customers or leased by residential subscribers. Takes effect on 91st day following adjournment sine die.
Requires Department of Environmental Quality to study disposal of electric vehicle batteries and batteries used to store energy in wind or solar renewable energy facilities. Directs department to submit findings to interim committees of Legislative Assembly related to environment not later than January 15, 2024. Declares emergency, effective on passage.
Creates income tax credit for lost rental income of landlord, forgone due to prohibition on evictions and rent nonpayment actions during COVID-19 emergency period. 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.
Restores corporate excise tax credit allowed for qualified research activities and sets increased maximum credit amount. Uses tiered credit percentages based on amount of increase in qualified research expenses. Provides for refundability of credit for taxpayer with fewer than 150 employees. Increases maximum amount of alternative qualified research credit allowed to taxpayer with insufficient increase in research expenses to claim standard credit. Exempts from commercial activity subject to corporate activity tax amount of qualified research credit allowed against corporate excise tax. Applies to tax years beginning on or after January 1, 2024, and before January 1, 2030. Takes effect on 91st day following adjournment sine die.
Exempts from commercial activity subject to corporate activity tax reimbursements for certain health care services, including care provided to medical assistance recipients and to Medicare recipients. Exempts receipts from medications administered or dispensed in a clinical setting other than hospital. Applies to tax years beginning on or after January 1, 2024. Takes effect on 91st day following adjournment sine die.
Modifies provisions relating to fiscal impact statements for administrative rules. Requires agencies to report to Legislative Fiscal Officer on fiscal impacts of administrative rules as part of the process of presenting budget requests during each odd-numbered year regular session of Legislative Assembly.
