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<br />ûèèûùôï÷îèù <br />HB 3608 <br />Relating Clause: Relating to tax treatment of waste materials; creating new provisions; amending <br />ORS 215.203, 215.213, 215.283, 308A.056, 314.752, 315.141, 318.031, and <br />469.790; and prescribing an effective date. <br />Title: Establishes tax credit for transportation of woody biomass from forest <br />management operations to biofuel producer. Establishes tax credit for biomass <br />electrical generation based on kilowatt hours of electricity produced. Establishes <br />tax credit for purchase of equipment to collect or process waste materials or to <br />manufacture product from waste materials. Applies to tax years beginning on or <br />after January 1, 2010. Directs State Department of Energy to conduct study of <br />biomass facility sites in state. Takes effect on 91st day following adjournment <br />sine die. <br />Sponsored By: Sponsored by Representatives THOMPSON, SPRENGER, SCHAUFLER <br />(Presession filed.) <br />Contact Respondent Dept Updated Priority Policy Policy No Recommendation <br />Ethan Nelson PDD-BPS 01/15/2010 Neutral <br />Comments: . <br />Contact Respondent Dept Updated Priority Policy Policy No Recommendation <br />Larry Hill CS-FIN 01/11/2010 No Drop <br />Comments: HB 3608 would have no fiscal impact on the City of Eugene. It could have a small <br />negative impact on State income tax revenue. The use of woody biomass to generate <br />electricity is not addressed in the City's legislative policies. <br /> <br />