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Key Votes

HB 3405 - Corporate Tax Increase - Key Vote

Oregon Key Votes

Suzanne Bonamici voted Yea (Passage) on this Legislation.

Read statements Suzanne Bonamici made in this general time period.

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Corporate Tax Increase

Legislation - Bill Passed (Senate) (18-11) - (Key vote)

Title: Corporate Tax Increase

Vote Smart's Synopsis:

Vote to pass a bill that increases the corporate income tax by brackets on all Oregon businesses.

Highlights:
-Raises minimum taxation level to $150 for businesses making less than $500,000 (Sec. 1). -Increases corporate taxes in Oregon to six and six-tenths percent of the first $250,000 of taxable income and seven and nine-tenths percent of any amount of taxable income over $250,000 (Sec. 5). -Raises the minimum taxation levels for all corporate income brackets (Sec. 1).
Legislation - Bill Passed (House) (36-24) - (Key vote)

Title: Corporate Tax Increase

Vote Smart's Synopsis:

Vote to pass a bill that increases the corporate income tax brackets on all Oregon businesses.

Highlights:
-Raises the minimum taxation levels for all corporate income brackets (Sec. 1). -Raises minimum taxation level to $150 for businesses making less than $500,000 (Sec. 1). -Increases corporate taxes in Oregon to six and six-tenths percent of the first $250,000 of taxable income and seven and nine-tenths percent of any amount of taxable income over $250,000 (Sec. 5). -Takes effect 91 days after the conclusion of the regular session of the seventy-fifth Legislative Assembly (Sec. 20).
Legislation - Introduced (House) -

Title: Corporate Tax Increase

Committee Sponsors

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