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Business Oregon proposes tax credit overhaul

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Friday, April 26, 2013

Business Oregon is proposing an overhaul of the tax credits that Oregon extends to manufacturers.

The proposed overhaul is so far-reaching that it would change the program's name and shift the focus from its original intent: to finance Oregon's green manufacturing ambitions. It would also halve the money pool to $100 million every two years

Business Oregon outlined the proposed changes days after the announced shutdown of SoloPower's Portland plant, backed by a $20 million manufacturing Business Energy Tax Credit.

Read more at OregonLive.com.

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