The House Business and Labor Committee today suspended its rules and passed out HB 2456 unanimously and sent it on to the Ways and Means Committee with a "do pass" recommendation. The suspension of rules took place because the Legislative Fiscal Office still did not have the "fiscal impact statement" done for this bill. It doesn't take a genius to figure out why the LFO hasn't got the analysis. The simple fact is that HB 2456-7 saves virtually no money after all the costs of enforcement and collection are factored in. The House Business and Labor Committee spent a fair amount of time to get the bill into its current form and effectively wasted more valuable time on a bill that, in the end, saves the state almost no money - probably barely enough to print the changes to the Oregon Revised Statutes. It affects future retires eligible for the tax subsidy (only those with service time before October 1991) who do not live in Oregon and pay Oregon Income taxes. It is hard to estimate how many will move out of state, especially with this looming over their heads, and the mechanisms set up to enforce the bill are cumbersome at best. All I can say is that I hope that Ways and Means sees the stupidity of this bill and decides that it isn't worth the paper it is printed on. And they say that "idle minds are a terrible thing to waste". This proves the wisdom of that axiom.
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