SJR 3 moves kicker to education stability fund

In Committee

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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.

Fiscal Responsibility
Giving up the kicker removes legislators’ accountability to taxpayers.

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  1. One more money grab from the people that earned it. Those of us that are retired are dependant on extra money that the kicker provides as we live on a fixed income.

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