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CHPdi Civic High Performance Data improvements? (OREGON STATE OFFICES…

- - - - Communication of Results
- - - - HB 3367 (CH 750)
        The House Revenue and Senate Finance & Revenue committees had before them 13 income
        tax credits (existing in current law) for review during the 2013 Session. Four were allowed to
        sunset at the end of the year; seven were extended without modification, and two were
        extended with some modifications. The bill also included changes tax credits that were not part
        of the scheduled review process as well as changes to tax policy unrelated to tax credits.
        Seven tax credits simply had their sunset date extended to January 1, 2020:
        
        Earned income
        
        Cultural Trust
        
        Pension income
        
        Rural EMT
        
        Employer provided scholarships
        
        Farmworker housing construction (including non-tax credit housing program changes)
        
        Manufactured home park closure
        Two tax credits were modified and had their sunset extended:
        
        Political contributions: The tax credit was extended to January 1, 2020 and limited to
        joint filers with income below $200,000 and non-joint filers with income below $100,000.
        
        Rural medical providers: The tax credit was extended two years (to January 1, 2016) in
        addition to the following three policy changes. First, eligible providers must provide
        2013 Measures Passed
        LRO #3-13 18
        qualifying services for an average of 20 hours per week. Second, eligible providers must
        be willing to accept Medicare and medical assistance patients in the same percentage
        as such populations within the county, up to caps of 20 percent (Medicare) and 15
        percent (medical assistance). Third, the Coos Bay hospital is included in the program.
        Six other tax credits were modified to some extent, with four such changes being technical:
        
        Biomass: This tax credit was made unavailable for canola grown in the Willamette
        Valley.
        
        Film & Video: The annual credit cap was increased from $6 million to $10 million (along
        with reimbursement policy changes).
        
        Technical: The Research & Development was modified to prevent a deduction and tax
        credit for the same expenses. The University Venture Development Fund was clarified
        so that the three-year structure of the credit is not affected by the sunset date. The
        credit for livestock killed by wolves was modified so that funds are available for the
        refundable portion of the credit. The workers’ compensation assessment tax credit was
        sunsetted (as intended by the 2011 Legislature).
        Four policies generally unrelated to tax credits were also included in the bill:
        
        The additional medical deduction is limited to the expenses incurred by taxpayers age
        62 or older.
        
        The federal tax subtraction for married-filing-separately taxpayers is limited to half of the
        amount allowed for joint filers.
        
        The subtraction for payments received by tenants resulting from the closure of a
        manufactured home park is extended to January 1, 2020.
        
        Revenue Impact statements issued by the Legislative Revenue Office pertaining to tax
        expenditures must include estimates for three biennia and a public policy purpose
        statement. Any tax expenditure enacted after January 1, 2014 will have a six-year
        sunset unless otherwise indicated.
      - https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/HB3367