SALEM, Ore. An Oregon legislator has introduced a bill that would take away the kicker from taxpayers at least once.
that taxpayers could expect a total of $473 million in rebates, which would average to $284 per family.
But on Thursday, Rep. Tobias Read, D-Beaverton, said he wants to divert the $473 million to schools and the state s rainy day fund.
It will be a tough battle. The measure requires a two-thirds vote of each legislative chamber to make it happen.
Read said he s already hearing from people not happy about his idea but feels now s the time.
I don t view it as something I m excited about, he said. I m concerned a lot with what s going to happen when we get to an economic downturn, and we don t have the resources to insulate the schools and other critical services.
Read said this would be a one-time suspension of the kicker.
House Republican leader Mike McLane, of Powell Butte, denounced the move, saying people don t trust us to not spend their money. When the economy produces more, they want it back. It s their money.
Oregon s kicker kicks when tax collections exceed projections by at least 2 percent.
The last time Oregonians received a kicker was in 2007.
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