Oregon HB4125 revises revenue estimate procedures and establishes a fund for surplus revenues.

Oregon HB4125 amends revenue estimate procedures by requiring the Oregon Department of Administrative Services to use specific methodologies for estimating state revenues. The bill also establishes the One-Time Emergencies and Finance Fund to manage surplus revenues. This fund can be used for purposes such as reducing unfunded liabilities of the Public Employees Retirement System, capital projects, debt service, and emergency expenses. The bill takes effect 91 days after the 2026 legislative session adjourns.

Oregon HB4125 revises revenue estimate procedures and establishes a fund for surplus revenues.

Oregon HB4125 amends revenue estimate procedures by requiring the Oregon Department of Administrative Services to use specific methodologies for estimating state revenues. The bill also establishes the One-Time Emergencies and Finance Fund to manage surplus revenues. This fund can be used for purposes such as reducing unfunded liabilities of the Public Employees Retirement System, capital projects, debt service, and emergency expenses. The bill takes effect 91 days after the 2026 legislative session adjourns.