l9n/ Oregon

2015 Regular Session

House Joint Resolution 7

Establishes Stability Fund.

Died when the session ended, on July 6, 2015.

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 General Fund each biennium. Reduces amount of transfer to General Fund if revenues received from General Fund revenue sources exceed revenue estimate for biennium by two percent or more. 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

  1. Jan 12Introduced
  2. Jan 16Sent to Revenue
  3. Jul 6Died when the session ended
All 3 actions, as published
  1. Jan 12First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 16Referred to Revenue with subsequent referral to Rules.House of Representatives
  3. Jul 6In committee upon adjournment.House of Representatives