Published on Track Their Vote: http://www.tracktheirvote.org/
This bill transfers “kicker” refund to education stability fund and refers to voters to make it a Constitutional amendment.
Personal Choice and Responsibility
Oregon’s kicker rebate is triggered when tax revenues for a two-year budget cycle come in more than 2 percent above economists’ forecast made at the start of the cycle. It is the only spending control taxpayers have on state government spending. It isn’t a matter of how worthy the spending is, it’s a matter of keeping some control on other needless overspending.
Giving up the kicker removes legislators’ accountability to taxpayers.