Died when the session ended, on July 6, 2015.
2015 Regular Session
House Joint Resolution 6
Establishes Stability Fund.
What it does
The synopsis the Legislative Assembly published with the bill.
Establishes Stability Fund. Directs that revenues from capital gains taxes and estate taxes be deposited in fund. Requires that amount equal to one percent of General Fund appropriations for biennium be transferred from Stability Fund to Oregon Rainy Day Fund each biennium. Transfers remainder of Stability Fund to State School Fund each biennium. Transfers all moneys in Stability Fund to Oregon Rainy Day Fund if revenues received from General Fund revenue sources exceed revenue estimate for biennium by two percent or more. Reduces amount of transfer to Oregon Rainy Day Fund and transfers remaining moneys in Stability Fund to General Fund if revenue forecast projects revenues will be at least two percent below revenue estimate for biennium. Applies to biennia beginning on or after July 1, 2017. Refers proposed amendment to people for their approval or rejection at next regular general election.
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 Jan 12 – Jul 6
- Jan 12Introduced
- Jan 16Sent to Revenue
- Jul 6Died when the session ended