Editor's note: This is the sixth in a multipart series exploring tax measures before the Oregon Legislature during the 2021 session

"Gut and stuff" may sound like something that a hunting party does after a successful day tracking big game, but it's actually something less dramatic. It describes the process in the Legislature of amending a bill by removing all the contents of the bill and replacing them with something else. It's pretty common.

Often, legislators will introduce "placeholder" bills because the concepts behind them are still being discussed. In the 2021 session, there are several of these lurking in the House Committee on Revenue -- where all bills for raising revenue must originate.

The bills are:

• HB 2432 Directs Legislative Revenue Officer to report to Legislative Assembly on options for income tax credit reform including recommendations for legislation intended to reform current income tax credit system.
• HB 2433 Directs Legislative Revenue Officer to study state and local tax systems and report findings to interim committees of Legislative Assembly related to revenue no later than September 15, 2022.
• HB 2434 Directs Legislative Revenue Officer to report to Legislative Assembly no later than February 15, 2022, on options for revenue system reform including recommendations for legislation intended to reform current system for raising revenue.
• HB 2435 Directs Legislative Revenue Officer to report to Legislative Assembly no later than February 15, 2022, on options for tax reform including recommendations for legislation intended to reform current tax system.
• HB 2436 Directs Legislative Revenue Officer to report to Legislative Assembly no later than February 15, 2022, on options for corporate tax reform including recommendations for legislation intended to reform current corporate excise and income tax system.
• HB 2437 Directs Legislative Revenue Officer to report to Legislative Assembly no later than February 15, 2022, on options for income tax reform including recommendations for legislation intended to reform current personal income tax system.
• HB 2438 Directs Legislative Revenue Officer to study property tax reform and report findings to interim committees of Legislative Assembly related to revenue no later than September 15, 2022.
• HB 2972 Directs Legislative Revenue Officer to study land value taxation and submit report to interim legislative committees related to revenue.

Don't for a minute think that the House Revenue Committee needs to pass a law to get the Legislative Revenue Officer to prepare a report on some tax issue.


--Staff Reports

Post Date: 2021-03-27 09:48:58

Last Update: 2021-03-20 22:29:55