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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.
The Legislature in 1979 passed a 2% kicker law and voters approved it in 1980, requiring the state to refund surplus revenues to taxpayers when actual revenues exceed forecasted revenues by more ...
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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.
Oregon is one of six states with a revenue limit. [67] The "kicker law" stipulates that when income tax collections exceed state economists' estimates by two percent or more, any excess must be returned to taxpayers. [68] Since the enactment of the law in 1979, refunds have been issued for seven of the eleven biennia. [69]
DeBoer chief-sponsored two pieces of legislation during the 2017 session, one a memorial to former Senator Alan Bates, the second to repeal the Oregon Income Tax kicker refund. [9] Alan DeBoer voted with his Republican colleagues 94% of the time and missed 30 votes. [ 10 ]
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