After two gruelling days of intense negotiations and heavy lobbying, the Oregon Legislature is finally prepared to vote on the package of bills designed to add needed funding for education while also making changes to public employee pensions. http://www.oregonlive.com/politics/index.ssf/2013/10/oregon_lawmakers_move_pers_tax.html
The House is scheduled to convene at 8:30am and the Senate at 10:00am. They will be voting on five bills:
Senate Bills 861 and 862 limit cost of living increments in PERS payments to public employee retirees and makes other modifications to PERS payments.
House Bill 3601 increases the cigarette tax and increases income taxes on some Oregon corporations and higher income individuals. it also provides tax breaks to some business owners who report their business income as personal income.
House Bill 5101 appropriates additional funding for education and other programs.
Senate bill 863 limits local government regulation of genetically modified organisms (GMOs).
The Governor has indicated that he expects all measures to be approved as a package and that he will veto anything less.