SALEM, Ore. (AP) — The Oregon Senate has approved switching the kicker refund from a check to an income tax credit.
The Oregonian reports the Senate voted 17-12 Tuesday to change the state’s one-of-a-kind kicker rebate law approved by voters in 1980.
When state revenues beat projections by 2 percent or more, the entire surplus must be kicked back to individual and corporate taxpayers.
State officials say it cost about $1 million for postage, printing and administration the last time kicker checks went out, in 2007.
