---
type: "Bill"
title: "Relating to the tax treatment of debt of a corporation in bankruptcy; and prescribing an effective date."
description: "Updates citation to federal statute governing tax treatment of corporate indebtedness discharged in bankruptcy."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2017 Regular Session"
identifier: "SB 29"
citation: "Oregon SB 29 (2017 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 2
action_count: 29
vote_count: 4
first_action: "2017-01-09T18:52:09+00:00"
last_action: "2017-06-22T19:07:58+00:00"
source: "openstates"
source_identifier: "ocd-bill/aca9bef0-f32f-4ee2-a861-969d588863ff"
source_url: "https://olis.leg.state.or.us/liz/2017R1/Measures/Overview/SB29"
source_hash: "6514072a414980c7e4c42b8ce7aef878d88fd48d6ae2b86049dabeed996ec5fa"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-or"]
---

# Oregon SB 29 (2017 Regular Session) — Relating to the tax treatment of debt of a corporation in bankruptcy; and prescribing an effective date.

Updates citation to federal statute governing tax treatment of corporate indebtedness discharged in bankruptcy.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/SB29/Introduced)
2. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/SB29/Enrolled)

## Votes

- Third reading. Carried by Boquist. Passed. — **27–0** (pass) · legislature
- Third reading. Carried by Smith Warner. Passed. — **56–0** (pass) · legislature
- Heard and Reported Out — **5–0** (pass) · legislature
- Heard and Reported Out — **5–0** (pass) · legislature

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-01-09T18:52:09+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2017-01-17T16:06:43+00:00** Referred to Finance and Revenue. `referral-committee`
- **2017-02-06T16:31:00+00:00** Public Hearing held.
- **2017-02-13T16:31:00+00:00** Public Hearing held.
- **2017-03-13T15:32:00+00:00** Work Session held.
- **2017-03-16T15:21:44+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2017-03-16T17:20:49+00:00** Second reading. `reading-2`
- **2017-03-20T18:26:27+00:00** Third reading. Carried by Boquist. Passed. `passage, reading-3`
- **2017-03-21T16:02:42+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2017-03-28T00:11:23+00:00** Referred to Revenue. `referral-committee`
- **2017-05-10T20:02:00+00:00** Public Hearing and Work Session held.
- **2017-05-12T23:35:58+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2017-05-15T16:34:42+00:00** Second reading. `reading-2`
- **2017-05-16T18:59:34+00:00** Rules suspended. Carried over to May 17, 2017 Calendar.
- **2017-05-17T19:03:22+00:00** Rules suspended. Carried over to May 18, 2017 Calendar.
- **2017-05-18T19:01:17+00:00** Rules suspended. Carried over to May 22, 2017 Calendar.
- **2017-05-22T19:50:17+00:00** Rules suspended. Carried over to May 23, 2017 Calendar.
- **2017-05-23T18:38:49+00:00** Rules suspended. Carried over to May 24, 2017 Calendar.
- **2017-05-24T21:56:50+00:00** Rules suspended. Carried over to May 25, 2017 Calendar.
- **2017-05-25T22:00:25+00:00** Rules suspended. Carried over to May 26, 2017 Calendar.
- **2017-05-26T15:36:22+00:00** Rules suspended. Carried over to May 30, 2017 Calendar.
- **2017-05-30T18:44:50+00:00** Rules suspended. Carried over to May 31, 2017 Calendar.
- **2017-05-31T18:56:58+00:00** Rules suspended. Carried over to June 1, 2017 Calendar.
- **2017-06-01T18:15:04+00:00** Third reading. Carried by Smith Warner. Passed. `passage, reading-3`
- **2017-06-06T20:10:13+00:00** President signed. `passage`
- **2017-06-07T22:09:22+00:00** Speaker signed. `passage`
- **2017-06-14T22:30:00+00:00** Governor signed. `executive-signature`
- **2017-06-22T19:06:39+00:00** Effective date, October 6, 2017.
- **2017-06-22T19:07:58+00:00** Chapter 304, 2017 Laws.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/aca9bef0-f32f-4ee2-a861-969d588863ff`. Confidence: reported (aggregated from official Oregon legislature records).