A perspective from Oregon’s mid-Willamette Valley

Rural jobs in Nike bill?

Written January 11th, 2013 by
More jobs in Oregon's rural area would be nice, wouldn't they?

More jobs in Oregon’s rural area would be nice, wouldn’t they?

When the Oregon legislature approved a special deal for Nike and possibly other job-creating companies last month, it threw a bone  to rural areas in the state. But it doesn’t look as though it means anything, at least in the case of Nike. In the one-day special session on Dec. 14, lawmakers approved a bill allowing the governor to make contracts promising that Oregon will make no change in the tax policy on corporate excise taxes for a company that will invest at least $150 million and, within five years, create 500 additional jobs in Oregon. These contracts promising no tax change can last any number of years. The bill says the duration of each contract of this kind should be determined based on factors including the number of jobs to be created, how much the jobs pay, what other incentives the company receives, “and the extent to which the qualifying investment will create employment opportunities in rural Oregon.” Governor Kitzhaber since then has signed a contract with Nike saying the method of calculating its Oregon income tax will not change for 30 years — thirty years! So you’d think that maybe the creation of jobs in rural Oregon would have been one of the factors that prompted such an extraordinarily long contract. But then, the Portland   Oregonian reported on Jan. 11 that Nike was considering two or three sites for the promised expansion that caused the legislature to approve this bill in the first place. The sites were close to the Nike campus in Beaverton and near downtown Portland. Rural jobs? Apparently not. Evidently, the language in that bill was just window dressing. It doesn’t seem to mean anything at all. (hh)

Posted in: Uncategorized

Comments are closed.


HH Today: A perspective from Oregon’s mid-Willamette Valley
Albany Albany Carousel Albany City Council Albany council Albany downtown Albany Fire Department Albany housing Albany parks Albany Planning Commission Albany police Albany Post Office Albany Public Works Albany riverfront Albany Station Albany streets Albany traffic Albany urban renewal Andy Olson Benton County Benton County parks bicycling bike lanes Bowman Park Bryant Park Calapooia River CARA City of Albany climate change coronavirus COVID-19 Cox Creek path Crocker Lane cumberland church cycling Dave Clark Path DEQ downtown Albany Edgewater Village global warming gun control Highway 20 Interstate 5 Kitzhaber Linn County marijuana medical marijuana Millersburg North Albany North Albany Road Obama ODOT Oregon coast Oregon legislature Pacific Power Portland & Western Republic Services Riverside Drive Santiam Canal Talking Water Gardens The Banks Tom Cordier Union Pacific urban renewal Water Avenue Willamette River

Copyright 2020. All Rights Reserved. Hasso Hering.
Website Serviced by Santiam Communications
Hasso Hering