76th OREGON LEGISLATIVE ASSEMBLY--2011 Regular Session

NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .

 LC 3699

                   Senate Joint Resolution 29

Sponsored by Senator BEYER

                             SUMMARY

The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.

  Proposes amendment to Oregon Constitution imposing excise taxes
on soft drinks and candy. Requires net revenues to be used to
finance education.
  Refers proposed amendment to people for their approval or
rejection at next regular general election.

                        JOINT RESOLUTION
Be It Resolved by the Legislative Assembly of the State of
  Oregon:
  PARAGRAPH 1. The Constitution of the State of Oregon is amended
by creating a new section 15 to be added to and made a part of
Article IX, such section to read:
   { +  SECTION 15. (1) The Legislative Assembly shall enact an
excise tax on soft drinks and candy, as those terms are
legislatively defined. The rate of tax imposed may not exceed:
  (a) ___ per 12 ounces of soft drink sold at retail.
  (b) ___ percent of retail candy prices.
  (2) Net revenues received under taxes imposed pursuant to
subsection (1) of this section shall be used exclusively for
financing education.
  (3) The Legislative Assembly may enact laws providing for the
administration and collection of taxes imposed pursuant to
subsection (1) of this section. + }

  PARAGRAPH 2.  { + The amendment proposed by this resolution
shall be submitted to the people for their approval or rejection
at the next regular general election held throughout this
state. + }
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