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Hello and welcome,
Our week 6 recap begins with Senate Bill 990, also known as the "Kicker" bill, which If passed, would require the Department of Revenue to redistribute surplus revenue refunds back to Oregon taxpayers in the form of a check. The Kicker check concept has been one of my legislative priorities for this session. Last week I introduced the bill, which will soon be heard in the Senate Finance and Revenue Committee.
Economists project that Oregon will have a record-breaking budgets surplus. That is why SB 990 is so important - it would return the next Kicker as a check instead of a credit and expedite relief to working Oregonians.
You can read the full press release Here
Legislative Priorities
Senate Bill 424, which was first introduced in committee last month, had its final reading before leaving the senate Wednesday. If passed, this bill would prevent post-secondary schools from withholding student transcripts due to student debt owed to the institution. You can watch my testimony of support for SB 424 on the senate floor Here.
On Friday I met with Daniel Chen, the Director General of Taipei Economic and Cultural Office (TECO) in a virtual meeting, along with Vice Consul Albert Young to discuss how Oregon and Taiwan can work together to trade with wheat and semiconductors.
Continuing on the subject of semiconductors; Senate Bill 4, which was first read on Tuesday (2/21), would incentivize the production of semiconductors in Oregon. SB 4 is going into the joint committee on semiconductors this afternoon (2/27) at 5pm where I will give my testimony.
I believe this bill needs to be bolder and provide more support for our job creators. This is reflected in my testimony which will be available on OLIS tomorrow and included in my newsletter next week.
You can scroll down to see more information provided by the press release below.
Oregon's predicted 2024 kicker rebate grows to $3.9 billion, economists warn of state revenue 'uncertainty'
The Oregonian | Hillary Borrud
Lawmakers, unions reach compromise on ending reimbursements for state employees living outside Oregon
Oregon Capital Chronicle | Julia Shumway
Oregon Senator follows through on asking Kotek to Stop wasting your money with employee travel
Lars Larson
Best Regards,
 Senator Tim Knopp
Senate District 27
email: sen.timknopp@oregonlegislature.gov I phone: 503-986-1727
address: 900 Court St NE, S-309, Salem, OR, 97301
website: http://www.oregonlegislature.gov/knopp
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