Gov signs bill bill to offer higher education tax credit

Rep. Jack Zika, R-Redmond, attended a ceremony Tuesday afternoon in Gov. Kate Brown’s office as she signed legislation that will provide a refundable tax credit to all Oregonians saving for university, community college, trade school or any other type of accredited, post-secondary education.

House Bill 2164, the “Education Savings Credit” bill, was passed during this year’s legislative session and takes effect on Jan. 1.

As part of Oregon’s Future Caucus of young legislators, Representative Zika was an advocate on the passage of HB 2164.

“Our whole economy can benefit when we increase access to higher education and training,” Zika said. “I’m proud to join my colleagues in supporting legislation that will benefit our younger generation and incentivize savings for higher education.”

Oregon’s Future Caucus is a bicameral, bipartisan group of 12 legislators age 42 and under focused on issues relevant to young people and to the future of our state.