Oregon Corporate Tax "Kicker" Funds for Education Initiative, Measure 85 (2012)
|Corporate Tax "Kicker" Funds for Education Initiative|
- See also: 2012 ballot measure election results
|Oregon Measure 85|
- Official results from the Oregon Secretary of State.
Text of measure
The official ballot title was:
Result of "Yes" Vote: "Yes" vote allocates the corporate income and excise tax "kicker" refund to the General Fund to provide additional funding for K through 12 public education.
Result of "No" Vote: "No" vote retains existing corporate income and excise tax "kicker" that requires refund to corporations when revenue exceeds estimated collections by two percent or more.
Summary: Amends constitution. Before each biennium, the governor must prepare an estimate of revenues expected to be received by the General Fund for the next biennium. The General Fund is the primary funding source for schools, prisons, social services other state-funded programs/services. Current law requires an automatic "kicker" refund of corporate income and excise tax revenue when that revenue exceeds estimated collections by two percent or more. Measure allocates the corporate income and excise tax "kicker" refund to the General Fund to provide additional funding for K through 12 public education. Measure does not change the constitutional personal income tax "kicker" provision that requires a refund to individual taxpayers when personal income tax revenue exceeds estimated revenue by two percent or more. Other provisions.
Defend Orgeon led the campaign in support of the measure.
No formal opposition was identified.
- See also: Polls, 2012 ballot measures
- According to a SurveyUSA poll conducted from September 10 to September 13, 2012, 14 percent of respondents were certain to vote 'yes' on the measure, while 21 percent were certain to vote 'no,' and another 65 percent were not certain which way they would vote. The survey interviewed 700 Oregon citizens and has a margin of error of plus or minus 4.3 percent.
|Date of Poll||Pollster||In favor||Opposed||Undecided||Number polled|
|Sep. 10-13, 2012||SurveyUSA||14%||21%||65%||700|
Path to the ballot
- See also: Oregon signature requirements
In order to qualify for the ballot, supporters were required to collect a minimum of 116,283 valid signatures by July 6, 2012. The measure was approved for circulation on April 17, 2012. On July 27, 2012, the Oregon Secretary of State reported that the measure had received sufficient signatures and therefore qualified for the ballot.
- Northwest News Network "Corporate Kicker Opponents Collect Initiative Signatures," April 20, 2012
- Oregon Secretary of State,"Certified Initiative 35 ballot title," December 15, 2011
- SurveyUSA,"In Oregon, Obama Under-Performs 2008, But Still Sits 9 Points Atop Romney in 2012; 4 Ballot Measures Examined:," September 2012
- Measure 35 (status), retrieved April 22, 2012
- Oregon ballot initiatives