SALEM, Ore. (AP) — Oregon residents and businesses can get tax credits for installing solar panels, conducting research or planting new trees in commercial forestland.
Those credits and more than a dozen others will expire in 2012 unless lawmakers decide to continue them. They’re the first of about 50 tax credits that the Legislature will evaluate over the next six years. In 2009, Democrats in control of the House and Senate set nearly all of Oregon’s tax credits to expire.
The 19 up for review this year are credits for business, environment and economic development initiatives.
The debate is sure to spark intense interest from taxpayers who save money from tax credits and the lobbyists who work for them.
