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News / Northwest

Oregon legislature passes small business tax breaks

By TOM JAMES, Associated Press
Published: May 21, 2018, 5:09pm

SALEM, Ore. — Oregon lawmakers have passed a tax break aimed at small businesses in Oregon during a one-day special legislative session.

Gov. Kate Brown called legislators back to the Capitol for the session Monday. The Democrat Brown and legislative leaders in the majority party emphasized keeping the session focused only on passing the new break, which targets small businesses known as sole proprietorships, and limiting it to a single day.

The plan passed 51-8 in the House and 18-12 in the Senate. Both tallies included Democrats who broke from their party to vote against the plan.

Republicans objected to the scope of the plan as early numbers showed it benefiting established businesses more than struggling entrepreneurs. A limit in the bill disqualifies about 90 percent of the state’s smallest businesses, according to nonpartisan economists.

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