Proposing amendment to Oregon Constitution relating to imposition of tax on gross receipts derived from Oregon sales.
Catchline/Summary:
Proposes amendment to Oregon Constitution providing for imposition of business privilege tax on gross receipts derived from Oregon sales and establishing Oregon Rainy Day Fund. Proposes amendment to Oregon Constitution providing for imposition of business privilege tax on gross receipts derived from Oregon sales and establishing Oregon Rainy Day Fund. Sets conditions for appropriation of moneys in fund.
Transfers excess business privilege tax revenues to fund.
Refers proposed amendment to people for their approval or rejection at special election to be held May 16, 2017.
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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SJR 41 Senate Committee On Finance and Revenue
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