Proposing amendment to Oregon Constitution relating to tax expenditures.
Catchline/Summary:
Proposes amendment to Oregon Constitution to limit amount of personal income tax expenditures and corporate income tax expenditures to percentage of tax revenue that would be raised in absence of any tax expenditures. Proposes amendment to Oregon Constitution to limit amount of personal income tax expenditures and corporate income tax expenditures to percentage of tax revenue that would be raised in absence of any tax expenditures. Provides remedies if allowed tax expenditures exceed allowable tax expenditures.
Refers proposed amendment to people for their approval or rejection at special election held on same date as next primary election.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HJR 29 House Committee On Revenue
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