MEASURE 85 DRAWING MIXED REVIEWS

From The Central Oregonian:

This November, Oregon voters will decide whether businesses continue to collect corporate tax kickers or public education gets the money.

Before each biennium, the governor must prepare an estimate of revenues expected to be received by the general fund. Current law requires and automatic kicker refund of corporate income and excise tax revenue when that revenue exceeds that estimate by 2 percent or more.

Measure 85, if approved, will instead allocate the money for additional k-12 funding.

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