HB 2707 - Oregon Rainy Day Fund - Oregon Key Vote
Peter Courtney voted Yea (Passage) on this Legislation.
Timeline
- Executive Signed
- March 16, 2007
- Senate Bill Passed
- March 15, 2007
- House Bill Passed
- March 8, 2007
- Introduced
- Feb. 13, 2007
Related Issues
Stage Details
Title: Oregon Rainy Day Fund
Signed by Governor Ted Kulongoski
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)].
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)].
Title: Oregon Rainy Day Fund