Two statewide ballot measures scored resounding wins on Tuesday, January 26th. A strong majority of Oregon voters passed both measures which increased the income tax on higher income wage earners and increased the minimum business tax from a somewhat anachronistic $10 to $150. Taken together, these two measures will generate over $700M in new revenue for the hard hit Oregon general fund. While these measures did not have a direct relevance to energy efficiency, it was widely assumed that their failure would have triggered the outright suspension of the Business Energy Tax Credit (BETC). A special thank you goes out to NEEC members who responded to the appeal for contributions to the Yes for Oregon campaign.
Posted comments do not necessarily reflect the opinions of NEEC.
