From Business Insider (https://www.businessinsider.com/oregon-rebate-universal-basic-income-ballot-measure-november-election-2024-8):

The proposal, known as Ballot Measure 118 or the Oregon Rebate, would add a 3% tax on corporations in the state once they make $25 million a year. The plan was originally known as Initiative 17. The money would be distributed among state residents, including children, as a $1,600 annual rebate.

Will this measure be passed by voters in Oregon's general election on November 5?