Current law requires each corporation or affiliated group of corporations filling a federal tax return to pay annual minimum tax; amount of tax is determined by tax bracket corresponding to amount of corporation's Oregon sales; corporations with sales of $100 million or more pay $100,000. Measure increases annual minimum tax on corporations with Oregon sales of more than $25 million; imposes minimum tax of $30,001 plus 2.5% of amount of sales above $25 million; eliminates tax cap; benefit companies (business entities that create public benefit) taxed under current law. Applies to tax years beginning on/after January 1, 2017. Revenue from tax increase goes to: public education (early childhoods through grade 12); health-care; services for senior citizens. Result of "Yes" Vote: "Yes" vote increases corporate minimum tax when sales exceed $25 million; removes tax limit; exempts "benefit companies"; increased revenue funds education, healthcar4e, senior services. Result of "No" Vote: "No" vote retains excisting corporate minimum tax rates based on Oregon sales; tax limited to $100,000; revenue not dedicated to education, health-care, senior services.