Died when the session ended, on June 30, 2011.
2011 Regular Session
House Joint Resolution 37
Proposes amendment to Oregon Constitution to require calculation of standard deviation in percentage terms for difference between General Fund revenues received by General Fund for biennium and amount estimated to be received for biennium.
What it does
The synopsis the Legislative Assembly published with the bill.
Proposes amendment to Oregon Constitution to require calculation of standard deviation in percentage terms for difference between General Fund revenues received by General Fund for biennium and amount estimated to be received for biennium. Provides that revenues received that exceed estimate by two standard deviations or fewer are deposited in Oregon Rainy Day Fund. Provides that revenues received that exceed estimate by more than two standard deviations are returned to taxpayers. Specifies that revenues that would be deposited in Oregon Rainy Day Fund are returned to taxpayers if amount in Oregon Rainy Day Fund equals at least 20 percent of amount of General Fund revenues collected during prior biennium. Refers proposed amendment to people for their approval or rejection at next regular general election.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
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 21 – Jun 30
- Feb 21Introduced
- Feb 28Sent to Revenue
- Jun 30Died when the session ended