l9n/ Oregon

2011 Regular Session

House Joint Resolution 32

Establishes reserve fund intended to provide funding in response to economic decline.

Died when the session ended, on June 30, 2011.

What it does

The synopsis the Legislative Assembly published with the bill.

Establishes reserve fund intended to provide funding in response to economic decline. Establishes mandated savings rate from surplus revenues. Transfers surplus revenue above estimate for biennium to reserve fund, with corporate tax revenue being used first to fund reserve fund. Returns surplus revenue that exceeds certain thresholds to taxpayers. Refers proposed amendment to people for their approval or rejection at special election held on same date as next primary election.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

    1 co-sponsor

    HREV

    Text

    Each version as the Legislative Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

    In the House of Representatives Feb 16 – Jun 30

    1. Feb 16Introduced
    2. Feb 23Sent to Revenue
    3. Jun 30Died when the session ended
    All 3 actions, as published
    1. Feb 16First reading. Referred to the desks of the Co-Speakers.House of Representatives
    2. Feb 23Referred to Revenue with subsequent referral to Rules.House of Representatives
    3. Jun 30In committee upon adjournment.House of Representatives