Business Oregon proposes tax credit overhaul

Business Oregon proposes tax credit overhaul

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.

{biztweet}business oregon{/biztweet}