Comprehensive Tax Reform
If a genuine tax reform effort is undertaken by the Legislature during this session, the following elements should be thoughtfully considered as part of the package.
Education Reform & Funding for K-12 & Community Colleges
In order to reach the aspirational goal of 40-40-20, increased funding for K-12, community colleges and state universities will be paramount. Funding should support initiatives that close the achievement gap and increase completion rates both to high school diplomas as well as credentials, associates degrees and higher. Funding increases should provide for stable or decreased tuition rates system-wide.
Small businesses are the hardest hit when the state mandates pay and benefit levels. State-wide employer mandates ultimately eliminate Oregon’s competitive advantage and reduces business opportunities for expansion and job growth.
The LCFS and expensive fuel mandate could increase the cost of fuel by an estimated dollar or more per gallon. The program punishes consumers and businesses that are trying to do the right thing and have already made significant contributions to the reduction of greenhouse gas emissions through energy efficiency programs, wise choices in vehicles and adoption of alternative modes of transportation and technologies.
Gain Share Fund Policy
Senate Bill 954 (2007) created a Shared Services Fund reflecting personal income taxes from eligible projects that receive property tax exemptions under Oregon’s Strategic Investment Program (SIP).
Support the continuation of Gain Share as approved by the 2007 Legislature with modifications approved and agreed upon by both the City of Hillsboro and Washington County.
Job Creation and Growth
Oregon is a global competitor for business. To continue to experience expansion, retention and relocation of businesses providing high wage jobs, we must preserve business incentives like the Enterprise Zone and Strategic Investment Program that assist businesses of all sizes to invest in the expansion of their workforce and facilities.
Land Use Issues
During the 2014 Legislative Session, a Grand Bargain agreement was struck which negatively impacted Hillsboro’s industrial land supply. Ultimately, the state will suffer by reducing business opportunities to expand and relocate.
Transportation Infrastructure Planning & Funding
The importance of securing adequate funding from the State Legislature to continue to improve, expand and enhance our transportation system in and around Hillsboro cannot be overstated. The region’s ability to continue to accommodate economic growth and prosperity is directly tied to our transportation system and to the capacity to move goods and people efficiently. The projects listed below are considered high priorities for the Hillsboro business community and will need significant financial support from the state.
Thank you Chairman level sponsors