Addition for federal prescription drug plan subsidies excluded for federal tax purposes
A taxpayer that is allowed an exclusion from gross income under section 139A of the Internal Revenue Code for federal tax purposes shall add the amount excluded to federal taxable income for purposes of the tax imposed by this chapter. [2005 c.832 §45]
Note: Sections 9 and 10, chapter 826, Oregon Laws 2005, provide:
Sec. 9. Amounts received as a result of the sale of a manufactured dwelling park to a tenants’ association, facility purchase association or tenants’ association supported nonprofit organization as described in ORS 90.820 (Facility purchase by association or nonprofit corporation), to a community development corporation as described in ORS 458.210 (Community development corporations) or to a housing authority as defined in ORS 456.005 (Definitions for ORS chapters 456 and 458) are exempt from the tax imposed by this chapter [ORS chapter 317]. [2005 c.826 §9]
Sec. 10. Section 9, chapter 826, Oregon Laws 2005, applies to tax years beginning on or after January 1, 2006, and before January 1, 2014. [2005 c.826 §10; 2007 c.906 §22]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent.