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Key Votes

HB 2707 - Oregon Rainy Day Fund - Key Vote

Oregon Key Votes

Stages

Family

Issues

Stage Details

Legislation - Signed (Executive) -

Title: Oregon Rainy Day Fund

Legislation - Bill Passed (Senate) (21-8) - (Key vote)

Title: Oregon Rainy Day Fund

Vote Smart's Synopsis:

Vote to pass a bill that establishes a Rainy Day Fund.

Highlights:
- Requires three-fifths of the Legislative Assembly to approve use of the Rainy Day Fund [sec.1(2)]. - Prohibits the Legislative Assembly from using more than two-thirds of the Rainy Day Fund [sec.1(4)]. - Expects that there will be an increase in revenues from corporate income and excise taxes for the amount of $975 million starting July 1, 2005 [sec.2]. - Distributes revenue collected from increased corporate and excise taxes between the General Fund and the Oregon Rainy Day Fund [sec.3(2)].
Legislation - Bill Passed (House) (48-9) - (Key vote)

Title: Oregon Rainy Day Fund

Vote Smart's Synopsis:

Vote to pass a bill that establishes a Rainy Day Fund.

Highlights:
- Requires three-fifths of the Legislative Assembly to approve use of the Rainy Day Fund [sec.1(2)]. - Prohibits the Legislative Assembly from using more than two-thirds of the Rainy Day Fund [sec.1(4)]. - Expects that there will be an increase in revenues from corporate income and excise taxes for the amount of $975 million starting July 1, 2005 [sec.2]. - Distributes revenue collected from increased corporate and excise taxes between the General Fund and the Oregon Rainy Day Fund [sec.3(2)].
Legislation - Introduced (House) -

Title: Oregon Rainy Day Fund

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