2015 Regular Session
|At the request of:|
|Bill Title:||Proposing amendment to Oregon Constitution relating to Oregon Fund.|
Proposes amendment to Oregon Constitution establishing Oregon Fund.
Sets conditions for appropriation of moneys in fund. Limits amount of appropriations that may be made from fund during biennium. Limits amount that may be deposited in fund. Limits amount of excess personal income tax revenues returned to personal income taxpayers to $500 per taxpayer. Transfers any remainder of excess to Oregon Fund. If amount in fund exceeds limit, transfers remainder of excess to personal income taxpayers. Transfers corporate kicker to Oregon Fund. Refers proposed amendment to people for their approval or rejection at next regular general election.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|