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Senate Finance & Revenue - 02.06.2023

The committee heard testimony on a proposal to extend Oregon's enterprise zones program.

Hearing Summary

On Monday, the Senate Finance & Revenue Committee held a hearing on legislation to extend the expiration of Oregon's enterprise zones programs. Although tax-friendly groups often talk about the state offering generous tax incentives to businesses, Oregon's economic development arsenal relies exclusively on property tax exemptions and abatements, making these programs crucial to luring new and expanded investments.

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