Oregon Sees Record Revenue Growth

On Wednesday, May 15, the State of Oregon just realized a historic and massive revenue forecast. Just from the last forecast in March, every metric grew by eye-popping numbers due to a historic influx of revenue over the tax season. Available resources for the next biennium (2019-2021) grew by $770 million. The kicker almost doubled […]

2019 Legislative Report – Week 17

What’s Happening (OSCC Political Observations) This is the final week for policy committees to pass bills. Any bill not passed out of a policy committee (other than Rules or Revenue) is dead after Friday. All legislation passed after Friday will have to come from either Rules, Revenue, or Ways & Means. This signals that the […]

2019 Legislative Report – Week 16

What’s Happening (OSCC Political Observations) House and Senate Republicans ground the session to a crawl last week as both caucuses employed tactics designed to slow the pace of the session. Senate Republicans simply did not come to the capitol and effectively denied the necessary quorum to conduct Senate business. Senate Republicans continue to negotiate with […]

2019 Legislative Report – Week 15

What’s Happening (OSCC Political Observations) We think that things will start getting more interesting now that the major $2.8 billion business tax passed the House 37-21. Even though the tax bill was muscled through the House, there is still not yet a clear path to the goal. Because although legislative leadership appears to have made […]

2019 Legislative Report – Week 14

What’s Happening (OSCC Political Observations) Negotiations are underway on what a “go home” package of legislation would be for legislative Democrats who hold strong majorities in the legislature. Legislative leadership appears to be signaling to the business community that they will pass: HB 3427, the $2 billion gross receipts tax on businesses with $1 million […]

Stop the Raid on SAIF

Governor Kate Brown recently proposed raiding SAIF, Oregon’s leading workers’ compensation insurance carrier of nearly $500 million to cover unfunded liabilities within our state’s Public Employee Retirement System (PERS). Small businesses, school districts, and local governments depend on SAIF’s affordable rates and safety programs to ensure a safe and healthy workplace.  Raiding SAIF’s reserves could […]

2019 Legislative Report – Week 13

What’s Happening (OSCC Political Observations) From a business perspective, the 2019 session can be distilled into four primary categories: Revenue. As we’ve noted, there is currently over $5.67 billion in additional revenue proposals that are alive in the legislature. The crown jewel of the revenue proposals is HB 3427, the $2 billion gross receipts tax […]