Relating to use of capital gains revenue for educational grants; prescribing an effective date.

Requires Department of Revenue to estimate projected amount of revenue, attributable to net capital gain, to be received by department for current tax year and to estimate amount received for previous tax year. Directs department to calculate standard deviation and, if amount received exceeds estimate by more than one standard deviation, to transfer amount equal to excess to Higher Education Coordinating Commission to be used for grants pursuant to Oregon Opportunity Grant program. Applies to tax years beginning on or after January 1, 2018. Takes effect on 91st day following adjournment sine die.