Proposing an amendment to the Oregon Constitution relating to surplus revenue.
Catchline/Summary:
Proposes an amendment to the Oregon Constitution to require a portion of surplus revenue that would otherwise be returned to personal income taxpayers to be used for funding public kindergarten through grade 12 education, community colleges and wildfire prevention and suppression, if surplus revenue exceeds a certain threshold. Digest: The measure would change the personal kicker to have half the moneys used for schools and wildfire, if the excess revenue was more than a certain amount. (Flesch Readability Score: 60.3).
Proposes an amendment to the Oregon Constitution to require a portion of surplus revenue that would otherwise be returned to personal income taxpayers to be used for funding public kindergarten through grade 12 education, community colleges and wildfire prevention and suppression, if surplus revenue exceeds a certain threshold.
Refers the proposed amendment to the people for their approval or rejection at the next regular general 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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SJR 201 Senate Committee On Finance and Revenue
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