Oregon House speaker wants to cut tax rebate in half

The Portland Democrat announced the idea a day after state economists revealed that the "kicker" tax rebate could be the largest in state history.

Posted: May 17, 2019 6:45 AM

SALEM, Ore. (AP) - House Speaker Tina Kotek is introducing a plan to halve cut the tax rebate Oregon residents receive.

The Portland Democrat announced the idea Thursday, the day after state economists revealed that the "kicker" tax rebate could be the largest in state history.

Oregon Public Broadcasting reports that in a bill Kotek introduced Thursday morning roughly half of the estimated $1.4 billion tax rebate would be kept by the state and spent on a set of transportation initiatives.

Kotek argues will benefit public safety, air quality, and job creation.

The proposal has few precedents - the personal income tax kicker has only been redirected once, as lawmakers grappled with a budget shortfall in 1991.

And it's not an easy task to accomplish. In order for her bill to pass, Kotek needs two-thirds support in both the House and Senate.

Under Oregon's Constitution, the unique kicker tax rebate is triggered when tax revenues for a two-year budget cycle come in more than 2 percent above economists' forecast from the start of the cycle.

Oregon Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 21488

Reported Deaths: 357
CountyConfirmedDeaths
Multnomah496096
Washington311925
Marion293870
Umatilla230228
Clackamas154940
Malheur80414
Deschutes61110
Lane5903
Jackson4732
Yamhill46713
Lincoln4189
Union3942
Morrow3723
Jefferson3714
Polk31912
Linn28410
Klamath2012
Hood River1930
Wasco1923
Benton1696
Douglas1511
Josephine1152
Columbia970
Coos910
Clatsop850
Crook491
Baker400
Tillamook340
Lake320
Wallowa191
Sherman160
Curry150
Harney100
Gilliam40
Grant40
Unassigned00
Wheeler00
Eugene
Scattered Clouds
74° wxIcon
Hi: 84° Lo: 51°
Feels Like: 74°
Corvallis
Clear
68° wxIcon
Hi: 82° Lo: 51°
Feels Like: 68°
Roseburg
Clear
76° wxIcon
Hi: 89° Lo: 54°
Feels Like: 76°
North Bend
Clear
58° wxIcon
Hi: 65° Lo: 51°
Feels Like: 58°
KEZI Radar
KEZI Temperatures
KEZI Planner

LATEST FORECAST

Community Events