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Regional News

House Passes revised Business Credit


The Oregon House has passed a new version of the "Business Energy Tax Credit." Representative Vickie Burger says what was known as the "Betsy" tax credit cost far more than expected and had to go away. The new bill breaks the energy tax credits into three categories: renewables, conservation and transit. They all have caps and the Transit Tax Credit will go away in 2016. The bill now moves to the Senate, which will have to act fast, because only a few days remain before the session ends.

 

 

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