SALEM, Ore. (KTVZ) -- The Oregon Office of Economic Analysis said Friday it adjusted the “kicker” for the 2018 tax year from more than $1.5 billion to $1.6 billion earlier this month. That means an increase in the amount returned to taxpayers, in the form of tax credits.
The state hasn’t issued physical kicker checks since 2007. The surplus will be returned to taxpayers through a credit on their 2019 state personal income tax returns filed in 2020, the agency said.
BEND, Ore. – State Rep. Cheri Helt, R-Bend, said Saturday that lawmakers should move quickly to combat the economic hardships facing Oregon families and businesses due to the COVID-19 coronavirus, by refunding excess state revenue in immediate "kicker" checks, rather than a tax credit.
Helt said the Legislature should meet in special session right away to convert roughly $1.6 billion in "kicker" tax credits, due to taxpayers later this year, into tax refund checks sent directly to Oregonians by Memorial Day.