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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]
As NBC affiliate KGW reported this week, current Oregon law doesn’t allow the kicker to be sent out as a check. The state legislature changed the distribution method to a tax credit in 2011.
Oregon economists estimate taxpayers could see a nearly $1 billion kicker in 2026 — up from an earlier forecast of $582 million — based on the September revenue forecast presented to state ...
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. [9]
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Oregon (/ ˈ ɒr ɪ ɡ ən,-ɡ ɒ n / ⓘ ORR-ih-ghən, -gon) [7] [8] is a state in the Pacific Northwest region of the United States. It is a part of the Western U.S., with the Columbia River delineating much of Oregon's northern boundary with Washington, while the Snake River delineates much of its eastern boundary with Idaho.
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An unusual variant is the Oregon kicker, which bans surpluses of more than 2% of revenue by refunding the money to the taxpayers. State balanced budget requirements do not apply to state capital budgets, which generally allow states to use their debt capacity to finance long-term expenditures such as transportation and other infrastructure.