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For the 2025-27 biennium, economists are revising their estimate to lower available resources by $66 million due in part to the personal kicker being paid out. Reserves remain sizable, too.
The Oregon tax rebate, commonly referred to as the kicker, is a rebate calculated for both individual and corporate taxpayers in the U.S. state of Oregon when a revenue surplus exists. The Oregon Constitution mandates that the rebate be issued when the calculated revenue for a given biennium exceeds the forecast revenue by at least two percent. [1]
The economists told lawmakers Wednesday that the economic forecast is relatively unchanged, but revenues are estimated to end 2.5% above expectations.
Oregon is the only state with a”kicker.” [8] Originally sent to taxpayers as a check, it is now returned as a credit toward state income tax returns. In 2024, the “kicker” will be a record $5.6 billion.
The 83rd Oregon Legislative Assembly is the current session of the Oregon Legislature. It began on January 21, 2025. It began on January 21, 2025. [ 2 ] [ 3 ] [ 4 ] Democrats netted one seat in both the House and the Senate to win a three-fifths supermajority in both chambers, which is required to pass new taxes or update existing taxes. [ 5 ]
If you hear the term "Oregon kicker" this week, chances are it has nothing to do with college football players kicking field goals. Instead, it's likely in reference to the state's tax surplus ...
In 2025, benefits will be temporarily reduced by $1 for every $2 earned above $23,400 for beneficiaries below their FRA. For those reaching FRA in 2025, the limit increases to $62,160.
Oklahoma and the SEC announced the 2025 conference schedule on December 11, 2024. [2] The 2025 schedule consists of 7 home games, 4 away games and 1 neutral-site game in the regular season. The Sooners will host three non-conference games against Illinois State, Michigan, and Kent State and will travel to Temple. [3]