Signed, Sealed, Delivered: Rainy Day Fund
From a House Republicans Press Release:
“Rep. Bruce Hanna today spoke on behalf of House Republicans at the Governor’s ceremonial signing of the Rainy Day Fund legislation. He had the following to say regarding the enactment of HB 2707 and HB 2301:
“On behalf of the House Republican caucus, I am pleased to be here to celebrate the signing of the Rainy Day Fund legislation. This has been a top priority of our members for many sessions.
We very much appreciate the willingness of the Governor and Democratic leadership to work with us to create a rainy day fund in a way that protects small businesses – the backbone of our state’s economy.
The state rainy day fund will bring much-needed stability to our budget process, and it will improve Oregon’s credit rating, which helps save taxpayer dollars.
It is important that our rainy day fund is starting with a healthy balance. It is just as important that thousands of small businesses will receive their kicker tax credit, and enable the $24.8 million to be reinvested in Oregon’s economy.
Hopefully, this will set a positive tone for the remainder of the session, where we can work together to address issues that are important to Oregonians.”
After years of negotiating, fighting and cajoling, we finally have a rainy day fund, and small businesses still get their kicker. Here’s hoping it works!
Now, get off the computer and enjoy the beautiful weekend!
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