『Oregon's Tax Overhaul and Business Priorities Spark Legislative Showdown』のカバーアート

Oregon's Tax Overhaul and Business Priorities Spark Legislative Showdown

Oregon's Tax Overhaul and Business Priorities Spark Legislative Showdown

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概要

 Oregon's legislative session is heating up with key developments in taxes, business priorities, and education funding. The Senate passed SB 1507 on Monday, eliminating certain corporate tax breaks from the federal H.R. 1 package to generate $311 million in revenue, while expanding the Earned Income Tax Credit for about 200,000 low-income households from 9% to 14% for individuals and up to 17% for families with young children, according to KATU and KLCC reports. All Republicans opposed the measure, calling it a tax hike on businesses, as the bill heads to the House amid a lingering $350 million budget shortfall.

Business leaders at Oregon Business & Industry updated their legislative priorities, highlighting threats like prevailing wage rules stalling housing projects and successes such as HB 4073 advancing for rulemaking transparency, per the OBI Capitol Connect Newsletter. Yet economic strains persist: business bankruptcies surged 25% last year to levels not seen since 2013, The Oregonian reports, while Central Oregon shows promise with EDCO forecasting growth in high-tech, manufacturing, and lifestyle sectors through 180 active projects.

In education, a proposal to overhaul the 27-year-old Quality Education Model faces resistance from school groups after declining enrollment forced district cuts, KCBY notes. OSU-Cascades seeks $42 million in state funding for a health and recreation center on remediated land, backed by student fees and lawmakers. Transportation woes loom as ODOT eyes redirecting $27 million from Safe Routes to School to plug a $242 million hole, BikePortland reports.

Mount Hood faces up to two feet of snow through February 18, but it's too little to offset the season's drought, The Oregonian says. Public safety incidents include a Portland ICE facility land use probe and resident lawsuits over tear gas from protests, per KATU and KGW.

Looking Ahead: Watch for House action on the tax bill, Moda Center renovation funding debates, and Central Oregon Caucus priorities like HB 4084 for job growth. Governor Kotek leads in polls against GOP challengers.

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