Fiscal Policy & Tax Issues
Article by: J.L. Wilson - February 26, 2010
Although no specific proposal emerged, Governor Kulongoski's initial priority heading into the 2010 special session was reforming the state's kicker law to fill the state's "rainy day fund."
Actions: AOI and several leading business groups united behind one simple message: Oregon's business community is not interested in kicker reform unless it's in the context of a broad fiscal reform package.
Status: Governor Kulongoski's proposal to reform the state's kicker law was rejected by legislative leaders and was never introduced as legislation.
Oregon Stability Package. Senator Frank Morse (R-Albany), Senator Ginny Burdick (D-Portland).
Senators Frank Morse and Ginny Burdick took the first steps to introduce a comprehensive fiscal reform package aimed at cutting capital gains taxes, limiting state spending, and reforming the state's kicker law.
Actions: AOI and several leading business groups signed a letter thanking Senators Morse and Burdick for their good faith effort. AOI pledged to keep the dialogue going over the interim.
Status: The Oregon Stability Package did not gain traction, but it did provide a platform for further work on the issue.
