74th OREGON LEGISLATIVE ASSEMBLY--2007 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 693
 
                         House Bill 2363
 
Ordered printed by the Speaker pursuant to House Rule 12.00A (5).
  Presession filed (at the request of House Interim Committee on
  Judiciary for Oregon State Bar Adoption Subcommittee of Family
  Law Section)
 
 
                             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.
 
  Reinstates income tax credit for qualified adoption expenses
for tax years beginning on or after January 1, 2007.
  Takes effect on 91st day following adjournment sine die.
 
                        A BILL FOR AN ACT
Relating to tax credits for adoption expenses; amending section
  3, chapter 1088, Oregon Laws 1999; and prescribing an effective
  date.
Be It Enacted by the People of the State of Oregon:
  SECTION 1. Section 3, chapter 1088, Oregon Laws 1999, is
amended to read:
   { +  Sec. 3. + }   { - Section 2 of this 1999 Act - }
 { + ORS 315.274 + } applies to tax years beginning on or after
January 1, 2000, and before January 1, 2006 { + , and to tax
years beginning on or after January 1, 2007 + }.
  SECTION 2.  { + This 2007 Act takes effect on the 91st day
after the date on which the regular session of the Seventy-fourth
Legislative Assembly adjourns sine die. + }
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