Stopped the New Market Tax Credit

Summary:The New Market Tax Credit would have brought subsidy of some buildings up to 78% of the cost of the building that would then be owned by private parties. In 2009, we were successful in stopping this legislation from being passed. This issue will be coming up again in 2011 and we will continue to oppose it.

More Successes

• Oregon Estate Tax Retained
• Tax Credit Review Passed
• Measures 66 & 67 Passed
• Business Energy Tax Credit Reform
• Prevented Bonus Depreciation in Oregon
• Stopped the New Market Tax Credit