Key Votes
HB 2472 - Adjustment to Energy Tax Credit for Businesses - Key Vote
Oregon Key Votes
Stages
- Aug. 7, 2009 Executive Vetoed
- June 26, 2009 Senate Conference Report Adopted
- June 25, 2009 House Conference Report Adopted
- June 23, 2009 House Concurrence Vote Failed
- June 22, 2009 Senate Bill Passed
- May 11, 2009 House Bill Passed
- Jan. 29, 2009 Introduced
Family
Issues
Stage Details
Legislation - Vetoed (Executive) - Aug. 7, 2009
Title: Adjustment to Energy Tax Credit for Businesses
Legislation - Conference Report Adopted (Senate) (28-2) - June 26, 2009 (Key vote)
Title: Renewable Energy Tax Credit Amendments
Vote to adopt a conference report that modifies existing law regarding renewable energy facilities and renewable energy tax credits.
- -Existing law: for a facility that uses or produces renewable energy resources or is a renewable energy resource equipment manufacturing facility, the credit allowed in each of five succeeding tax years shall be 10 percent of the certified cost of the facility, but may not exceed the tax liability of the taxpayer;
-New law:
- -For a facility that uses or produces renewable energy resources and has an installed capacity of more than 10 megawatts, the credit allowed in each of five succeeding tax years shall be 7 percent of the certified cost of the facility, but may not exceed the tax liability of the taxpayer; and
-For (1) a renewable energy resource equipment manufacturing facility or (2) a facility with an installed capacity of 10 megawatts or less that uses or produces renewable energy resources or a high-efficiency combined heat and power facility with an installed capacity of 10 megawatts or less, the credit allowed in each of five succeeding tax years shall be shall be 10 percent of the certified cost of the facility, but may not exceed the tax liability of the taxpayer.
- -That the applicant has applied for all licenses and permits required by state or local law;
-That the applicant is not in arrears on any tax owed to the state or to a local government; and
-That, to the satisfaction of the department, the facility will be in continuous operation for at least five years after it is placed in operation.
- -That the applicant has applied for all licenses and permits required by state or local law;
-If the Department chooses to make this a condition, that the applicant is not in arrears on any tax owed to the state or to a local government during the period that the certificate is valid; and
-If the Department chooses to make this a condition, that, to the satisfaction of the department, the facility will be in continuous operation for at least five years after it is placed in operation.
- -Apply for all licenses and permits required by state or local law;
-Not be in arrears on any tax owed to the state or to a local government; and
-To the satisfaction of the department, show that it will remain in continuous operation for at least five years after it is placed in operation.
NOTE: A THREE-FIFTHS MAJORITY OF THOSE PRESENT AND VOTING IS REQUIRED TO PASS A REVENUE BILL.
Legislation - Conference Report Adopted (House) (39-21) - June 25, 2009 (Key vote)
Title: Renewable Energy Tax Credit Amendments
Vote to adopt a conference report that modifies existing law regarding renewable energy facilities and renewable energy tax credits.
- -Existing law: for a facility that uses or produces renewable energy resources or is a renewable energy resource equipment manufacturing facility, the credit allowed in each of five succeeding tax years shall be 10 percent of the certified cost of the facility, but may not exceed the tax liability of the taxpayer;
-New law:
- -For a facility that uses or produces renewable energy resources and has an installed capacity of more than 10 megawatts, the credit allowed in each of five succeeding tax years shall be 7 percent of the certified cost of the facility, but may not exceed the tax liability of the taxpayer; and
-For (1) a renewable energy resource equipment manufacturing facility or (2) a facility with an installed capacity of 10 megawatts or less that uses or produces renewable energy resources or a high-efficiency combined heat and power facility with an installed capacity of 10 megawatts or less, the credit allowed in each of five succeeding tax years shall be shall be 10 percent of the certified cost of the facility, but may not exceed the tax liability of the taxpayer.
- -That the applicant has applied for all licenses and permits required by state or local law;
-That the applicant is not in arrears on any tax owed to the state or to a local government; and
-That, to the satisfaction of the department, the facility will be in continuous operation for at least five years after it is placed in operation.
- -That the applicant has applied for all licenses and permits required by state or local law;
-If the Department chooses to make this a condition, that the applicant is not in arrears on any tax owed to the state or to a local government during the period that the certificate is valid; and
-If the Department chooses to make this a condition, that, to the satisfaction of the department, the facility will be in continuous operation for at least five years after it is placed in operation.
- -Apply for all licenses and permits required by state or local law;
-Not be in arrears on any tax owed to the state or to a local government; and
-To the satisfaction of the department, show that it will remain in continuous operation for at least five years after it is placed in operation.
NOTE: A THREE-FIFTHS MAJORITY OF THOSE PRESENT AND VOTING IS REQUIRED TO PASS A REVENUE BILL.
NOTE: THE LEGISLATURE PROVIDES ITS MEMBERS WITH THE OPPORTUNITY TO BOTH VOTE ON WHETHER TO CONCUR WITH THE CONFERENCE COMMITTEE'S AMENDMENTS AND, IF THE CONCURRENCE VOTE SUCCEEDS, VOTE TO REPASS THE BILL AFTER THE AMENDMENTS ARE INCORPORATED. THIS IS A VOTE ON REPASSAGE OF THE BILL AFTER THE MEMBERS CONCURRED WITH THE CONFERENCE COMMITTEE'S AMENDMENTS.
Legislation - Concurrence Vote Failed (House) - June 23, 2009
Legislation - Bill Passed (Senate) (25-3) - June 22, 2009
Legislation - Bill Passed (House) (40-19) - May 11, 2009
Legislation - Introduced (House) - Jan. 29, 2009
Title: Renewable Energy Tax Credit Amendments
Committee Sponsors
- Revenue (Sponsor)