71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
 
NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .
 
LC 1094
 
                         Senate Bill 333
 
Printed pursuant to Senate Interim Rule 213.28 by order of the
  President of the Senate in conformance with presession filing
  rules, indicating neither advocacy nor opposition on the part
  of the President (at the request of Governor John A. Kitzhaber,
  M.D., for Department of Consumer and Business Services)
 
 
                             SUMMARY
 
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.
 
  Makes permanent tax credit to individual or corporation for
completing, or commercial lending institution for financing,
seasonal or year-round farmworker housing.
  Takes effect 91 days after Legislative Assembly adjourns sine
die.
 
                        A BILL FOR AN ACT
Relating to farmworker housing tax credits; amending section 6,
  chapter 963, Oregon Laws 1989, and sections 2 and 5, chapter
  766, Oregon Laws 1991; and prescribing an effective date.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. Section 6, chapter 963, Oregon Laws 1989, as amended
by section 56, chapter 746, Oregon Laws 1995, is amended to read:
   { +  Sec. 6. + } (1) ORS 315.164 shall apply to seasonal or
year-round farmworker housing projects completed in tax years
that begin on or after the January 1 immediately following the
date that both chapter 962, Oregon Laws 1989, and chapter 964,
Oregon Laws 1989, have become both effective and operative
 { - and which are completed on or before December 31, 2001 - } .
  (2) ORS 317.147 applies to loans made in tax years that begin
on or after the January 1 immediately following the date that
both chapter 964, Oregon Laws 1989, and chapter 962, Oregon Laws
1989, have become both effective and operative   { - and which
are made on or before December 31, 2001 - } .
  SECTION 2. Section 2, chapter 766, Oregon Laws 1991, as amended
by section 57, chapter 746, Oregon Laws 1995, is amended to read:
   { +  Sec. 2. + } The amendments to ORS 317.147 by section 1,
chapter 766, Oregon Laws 1991, apply to loans made in tax years
that begin on or after January 1, 1990  { - , and on or before
December 31, 2001 - } .
  SECTION 3. Section 5, chapter 766, Oregon Laws 1991, as amended
by section 58, chapter 746, Oregon Laws 1995, is amended to read:
   { +  Sec. 5. + } ORS 315.164 shall apply to seasonal or
year-round farmworker housing projects completed in tax years
that begin on or after January 1, 1991  { - , and that are
completed on or before December 31, 2001 - } .
 
  SECTION 4.  { + This 2001 Act takes effect on the 91st day
after the date on which the regular session of the Seventy-first
Legislative Assembly adjourns sine die. + }
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