Friday, May 22, 2015

Bill would keep Oregon kicker for budget reserves, education

Statesman Journal
May 22nd, 2015

An Oregon Democrat introduced a bill Thursday that would cancel anticipated "kicker" tax rebates and use the money instead for education and the state's reserve fund.
The move by Rep. Tobias Read of Beaverton comes a week after economists projected that more than $470 million will be returned to Oregonians when they file their taxes next year.
Read's bill faces long odds. It would require a bipartisan vote of two-thirds of the House and Senate. Republicans oppose taking money promised to taxpayers, and senior Democrats have acknowledged it's unlikely to happen.

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