Relating to capital funding for schools; prescribing an effective date.
Catchline/Summary:
Requires that moneys from the corporate income and excise tax kicker be used for the funding of school construction and maintenance projects and infrastructure improvements. Digest: The Act changes the uses of the corporate "kicker." (Flesch Readability Score: 66.1).
Requires that moneys from the corporate income and excise tax kicker be used for the funding of school construction and maintenance projects and infrastructure improvements. Limits availability to certain districts.
Applies to biennia ending on or after June 30, 2027.
Takes effect only if House Joint Resolution 13 (2025) is approved by the people at the next regular general election. Takes effect on the effective date of the constitutional amendment proposed in House Joint Resolution 13 (2025).
Oregon Legislative Assembly - Public Testimony Registration Form
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HB 3360 House Committee On Revenue
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