HB 2975A Reduces kicker by shifting funds

VOTE:NO – Governor Brown Signed into Law

Status (overview) of bill:https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/HB2975

This bill shifts funds into the next biennium by removing $108 million from the kicker, money that would have been returned to Oregonians. Implements statutory changes to support the 2017-19 legislatively approved budget and to clarify the application of statutes.

Personal Choice and Responsibility
A direct attack on the constitutionally protected kicker, returning dollars to Oregon taxpayers.

Fiscal Responsibility
About $28 million came from income tax revenue. The delay in transferring funds past May 31, is neither honest nor truthful and represents a political shell game that lacks transparency.

Limited Government

Repeals various one-time transfers of Other Funds account balances to the General Fund for general governmental purposes in the 2017-19 biennium. This measure is said to relate to state financial administration so is not an appropriation bill because it is moving obligations around to utilize the excess funds that according to the constitution are kicker funds.

Comments

  1. David T Eckhardt says:

    This underhanded move is meant to fill the coffers with what is called discretionary monies for the party in power to use to enlarge their voter base. IMO.

  2. BJ says:

    It’s just plain theft.

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