Senate Democrats failed to pass bills that would have raised taxes on businesses and well-off residents. The bills needed one more vote to make the 60 percent majorities needed.
Budget-balancing increases in personal and corporate income taxes stalled Wednesday in the Oregon Senate when Democratic leaders failed to muster the 60 percent majorities required to pass them.
After a corporate income tax increase failed by one vote, the Senate shelved the two bills – but could take them up again in the same form as early as today.
House Bill 3405 failed on a 17-12 vote. Sen. Mark Hass, D-Beaverton, joined 11 Republicans in opposition; one Republican was excused.
Read the full article in the Statesman Journal.