On May 13, the Oregon State Senate passed HB 3427, known as the Student Success Act, which will raise approximately $2 billion for early childhood and K-12 schools on an ongoing basis. This bill was the culmination of the work of the Joint Committee on Student Success (JCSS), which was established in January 2018. The JCSS was tasked with creating a plan to improve outcomes for students throughout Oregon.
HB 3427 establishes the Fund for Student Success (FSS), the Student Investment Account (SIA), the Early Learning Account (ELA), and the Statewide Education Initiatives Account (SEIA). It requires funds to be spent on increasing learning time, decreasing class size, offering a well-rounded education, and student health or safety. According to Oregon Public Broadcasting, “At least half would go to grants to state school districts for programs aimed at improving things such as graduation rates, reading levels and attendance. Around 20 percent would fund early childhood learning programs. The remaining roughly 30 percent would fund career-technical education programs and free meals at school for low-income students, among other things.”
More information about the bill can be found here.
The measure pays for the new investments in early childhood and K12 education through a reduction in personal income tax rates for the lowest three tax brackets in Oregon by 0.25 percent, as well as establishes a modified commercial activities tax of 0.57 percent on Oregon commercial activity over $1 million.
The House passed the Student Success Act previously, so the bill now heads to the Governor’s desk for her signature and final approval.
All this came on the heels of the Senate Republican Caucus denying quorum to hold up any further activity in order to negotiate a deal on other policy and budget priorities. The standoff lasted four days and resulted in the death of two controversial of pieces of legislation. The first is HB 3063, which would end non-medical vaccine exemptions. The second is SB 978, a bill that strengths several gun control laws, including safe storage, fees, carrying in public buildings and real estate (including public universities), museum transfers, and more.