– OSCC

OSCC Board adopts 2018 Legislative Agenda
Dear OSCC Members and Colleagues: 
 
OSCC is pleased to announce that the Board of Directors has approved the 2018 Legislative Agenda. View agenda
 
For 2018, OSCC requests that the Oregon legislature stay true to the intent of the short session by keeping focused on limited policy discussions and budget/policy adjustments stemming from the 2017 legislative session.
 
OSCC‘s Legislative Agenda gives a voice to the business community,” said Colene Martin, 2018 OSCC Board Chair. “These priorities will help ensure a healthy business climate and allow Oregon’s economy to grow.”

The 2018 Legislative Session convenes on February 5, 2018. This is a fast-moving session with quick deadlines. We will be updating you in the coming weeks on legislation as it is introduced.

Chambers are encouraged to adopt these priorities as part of their own legislative agenda. OSCC‘s positions are strengthened as local chambers adopt the agenda, which allows for greater effectiveness during the 2018 Session. Please contact Jessica Chambers if your chamber adopts these priorities.

Best regards,
 
JL Wilson
Legislative Counsel
503-363-2182
Oregon State Chamber of Commerce
503-363-2182 
867 Liberty Street NE, Salem 97301

 

The Brewing Tax Battle That No One is Talking About (Yet)
January 18, 2018
Dear OSCC Members and Colleagues: 
 
Lost in all the talk of ‘cap and trade’ and other major issues facing the Oregon legislature in 2018, a battle is brewing over taxes. 

And no one is talking about it – yet.

As of today, state finances are stable. There are no budget cuts on the immediate horizon, and there’s no reason to believe the legislature won’t have additional resources to spend in the 2018 session.

BUT, the legislature has a looming decision on whether or not to “connect” Oregon’s tax code to the recently passed Federal ‘Tax Cut and Jobs Act.’

The implications are significant to Oregon companies and the state budget.  Connecting to the federal tax cuts will cost state government over $100 million in the current budget cycle. But on the other hand, disconnecting from the federal tax cuts will cost Oregon businesses well over $100 million in otherwise available tax cuts and incentives for capital expenditures.

Specifically, the federal legislation:

  1. Allows 100% depreciation on capital purchases through 2022 (…a $76 million tax benefit to Oregon companies in 2018!)
  2. Allows a 20% deduction of pass-through income for pass-through businesses (…a whopping $182 million state tax benefit to Oregon businesses in 2018!)
Combined with the various tax increases in the Federal ‘Tax Cuts and Jobs Act,’ the net effect of these provisions is a $100 million projected loss in state revenue in 2018 (see chart).

BUT, there is one major caveat. This $100 million projection does not include any tax projections from re-patriated income that comes back to the US due to federal tax incentives. It is too early to project this, but it very well could dampen the state’s revenue loss.

This tax battle will be difficult enough in the current stable budget environment, but it will be doubly difficult if Measure 101 (the $222 million health care tax) fails at the ballot next week. 

Further, the Oregon legislature has a history of denying federal tax benefits to Oregon companies when there are negative budget implications.

OSCC understands that Oregon’s “reconnect” tax policy is good for Oregon businesses. Our intention is that business receives the full benefit of the federal tax provisions on their Oregon tax returns. It’s a good thing to fully incentivize capital investment. We will be watching this issue very closely. 

Best regards,
 
JL Wilson
Legislative Counsel
503-363-2182
Oregon State Chamber of Commerce
503-363-2182 
867 Liberty Street NE, Salem 97301
 

OSCC prepares for 2018 Legislative Session

January 5, 2018

Dear OSCC Members and Colleagues: 

As OSCC prepares for the upcoming 2018 Legislative Session, here are a few items to be aware of and ways you and your members can get involved.
 
2018 Legislative Priorities
 
The Government Affairs Council approved the OSCC 2018 Legislative Priorities at their December 15th meeting. This will now go before the Board of Directors for final consideration and approval. 
 
Cleaner Air Oregon
 
We can’t stress enough how important it is for your chamber, and your members, to provide comment to DEQ on the new ‘Cleaner Air Oregon’ regulations. In almost 20 years of advocacy, we haven’t seen regulations that threaten business operations to the extent that these do.

The deadline for comments is Monday, January 22nd.
 
You can view a list of potentially impacted companies here.

Comments may be submitted here or to cleanerair@deq.state.or.us

We want to make it as turn-key as possible for your chamber and your members to submit comment to DEQ.

Attached, please find:

1. Talking points that can help you draft brief comments. – Download here
2. Sample turnkey comments that you can personalize and submit on your letterhead. – Download here
3. OSCC’s formal written comments (which may provide you some additional material for your comments). – Download here

Again, please take a few minutes to engage as a Chamber and get your members engaged.
Best regards,
 
JL Wilson
Legislative Counsel
503-363-2182

 

 
Oregon State Chamber of Commerce
503-363-2182 
867 Liberty Street NE, Salem 97301
 
 
 
 
A message from the Oregon State Chamber
1.5.2018
 
 
Cleaner Air Oregon
 We can’t stress enough how important it is for your chamber, and your members, to provide comment to DEQ on the new ‘Cleaner Air Oregon’ regulations. In almost 20 years of advocacy, we haven’t seen regulations that threaten business operations to the extent that these do.

The deadline for comments is Monday, January 22nd.
 
You can view a list of potentially impacted companies here.

Comments may be submitted here or to cleanerair@deq.state.or.us

We want to make it as turn-key as possible for your chamber and your members to submit comment to DEQ.

Attached, please find:

1. Talking points that can help you draft brief comments. – Download here
2. Sample turnkey comments that you can personalize and submit on your business letterhead. – Download here
3. OSCC’s formal written comments (which may provide you some additional material for your comments). – Download here

Again, please take a few minutes to engage as a community.
Best regards,
 
JL Wilson
Legislative Counsel
503-363-2182
 
Oregon State Chamber of Commerce
503-363-2182 
867 Liberty Street NE, Salem 97301
 
 
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OSCC GA Council Discusses
Coming 2018 Session
Dear OSCC Members and Colleagues: 

The Government Affairs Council met today for their bimonthly call and discussed issues impacting the upcoming 2018 Legislative Session.
 
1. Cap and Trade
The GA Council will recommend to the OSCC Board of Directors involvement in the Cap and Trade campaign. There are several threats facing local manufacturers on the issue of taxing emissions and tighter air emissions controls. To learn more about the issue, please view the talking points from the Oregonians for Balanced Climate Policy here. For more information on the coming Cap and Trade debate, please refer to our blog post here.
 
2. Potential Changes to SAIF
The GA Council will recommend to the OSCC Board of Directors joining the SAIF coalition to oppose efforts to sweep a portion of SAIF’s surplus in order to pay down the PERS unfunded actuarial liability. Read more about the impact of the SAIF proposal here.
 
3. 2018 Legislative Priorities
Attached is the working draft of the OSCC 2018 Legislative Priorities. Please feel free to review and provide comment. We appreciate your feedback as we begin to shape the priorities for the upcoming 2018 Session. Please send all comments or questions to Alison Hart.

Earlier this week, the Board approved the GA Council’s recommendation to sign and support the Tax is a Tax Coalition. Learn more about this ballot measure initiative here.

Please feel free to share the attached documents with your membership.
 
Best regards,
Alison Hart
Executive Director
503-231-5421 
JL Wilson
Legislative Counsel
503-363-2182
 
 
Oregon State Chamber of Commerce
503-363-2182 
867 Liberty Street NE, Salem 97301
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