Oregon House Joint Resolution 2 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Unknown
Status: Failed on July 6 2015 - 100% progression
Action: 2015-07-06 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Proposes amendment to Oregon Constitution establishing Oregon Rainy Day Fund. Sets conditions for appropriation of moneys in fund. Transfers excess personal income tax revenues to fund. Suspends transfer to fund if amount in fund equals at least 15 percent of amount of General Fund revenues collected during prior biennium. Returns excess personal income tax revenues to personal income taxpayers if transfer to fund is suspended. Refers proposed amendment to people for their approval or rejection at next regular general election.

Proposing amendment to Oregon Constitution relating to state finance.

No sponsor information available at this time.

Date	Chamber	Action
2015-07-06	House	In committee upon adjournment.
2015-01-16	House	Referred to Revenue with subsequent referral to Rules.
2015-01-12	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2015R1/Measures/Overview/HJR2
Text	https://olis.oregonlegislature.gov/liz/2015R1/Downloads/MeasureDocument/HJR2/Introduced