Key Votes
HB 2541 - Amends Inheritance Taxes - Key Vote
Oregon Key Votes
John Kitzhaber signed this legislation.
Read recent statements John Kitzhaber made in this general time period.
Stages
- June 28, 2011 Executive Signed
- June 15, 2011 House Concurrence Vote Passed
- June 13, 2011 Senate Bill Passed
- May 10, 2011 House Bill Passed
- Jan. 11, 2011 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - June 28, 2011
Title: Amends Inheritance Taxes
Legislation - Concurrence Vote Passed (House) (45-14) - June 15, 2011
Legislation - Bill Passed (Senate) (24-5) - June 13, 2011 (Key vote)
Title: Amends Inheritance Taxes
Vote to pass a bill that amends the state's estate tax, beginning January 1, 2012.
- Specifies that the estate tax be applied only to the amount over the first $1 million of the estate (Sec. 3).
- Establishes a tax credit for natural resource property worth up to $15 million (Sec. 7).
- Defines "natural resource property" as property that is in farm use or is used as forestland (Sec. 7).
Legislation - Bill Passed (House) (34-25) - May 10, 2011 (Key vote)
Title: Amends Inheritance Taxes
Vote to pass a bill that amends Oregon's inheritance tax laws by increasing the state estate tax exemption from 1 million to 1.5 million dollars.
- Establishes that an estate tax return is not required with respect to the estates of decedents who die on or after January 1, 2011, unless the value of the gross estate is $1.5 million or more (Sec 8).
Legislation - Introduced (House) - Jan. 11, 2011
Title: Amends Inheritance Taxes
Committee Sponsors
- Revenue (Sponsor)
