Tax Credit Review Passed

The worst tax expenditure abuses give tax breaks without realizing any significant current public benefit. In the 2009 legislative session, we helped pass a commendable bill passed that ends this lack of legislative oversight.

Because of HB 2067, every state tax credit will expire between 2012 and 2016. Each will then be reviewed and there will be a vote to either continue or discontinue it. If the concept is of merit, it can then  be revised and continued.

During this crucial review process, we don’t want beneficiaries of tax breaks to be the only voices speaking to legislators. Tax Fairness Oregon’s citizen volunteers will be reviewing each tax credit and presenting our analysis.