OR HB2752

Increases the estimated General Fund revenue (excluding corporate income/excise taxes) for the 2023-2025 biennium to $24 billion, effectively redirecting potential "kicker" refund dollars

Allocates surplus revenue above the original 2023 estimate to two purposes: up to 1% of the original estimate goes to the Oregon Military Department for catastrophic disaster preparedness under the Oregon Resilience Plan

Remaining surplus balance transfers to the Public Employees Retirement Fund to reduce the system's unfunded actuarial liability (UAL)

Preserves taxpayer refunds if actual revenues exceed the new $24 billion estimate by 2% or more, with amounts above that threshold returned to personal income taxpayers

Declares an emergency, making the act effective immediately upon passage and requiring a two-thirds legislative majority for approval