Effect upon ORS 316.157 of determination of invalidity
- • severability
(1) It is the intent of the Legislative Assembly that no part of ORS 316.157 (Credit for retirement income) be the law if any part of ORS 316.157 (Credit for retirement income) is held to be invalid or unconstitutional. However, no amended return or payment of additional taxes shall be required for any year prior to the year in which any part of ORS 316.157 (Credit for retirement income) is held to be invalid or unconstitutional by a court of last resort.
(2) Except as provided in subsection (1) of this section, it is the intent of the Legislative Assembly that the provisions of this section and ORS 238.445 (Benefits exempt from execution, bankruptcy and certain taxes), 316.087 (Credit for the elderly or permanently and totally disabled), 316.157 (Credit for retirement income), 316.680 (Modification of taxable income) and 316.695 (Additional modifications of taxable income) be severable as provided in ORS 174.040 (Severability). [1991 c.823 §9; 2015 c.348 §22; 2015 c.480 §10]
Note: 316.158 (Effect upon ORS 316.157 of determination of invalidity) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 316 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
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.