2011 Regular Session
|At the request of:||(at the request of House Interim Committee on Revenue)|
|Bill Title:||Relating to economic development; declaring an emergency.|
Directs Oregon Business Development Department to file annual Unified Economic Development Report detailing development subsidies.
Requires public disclosure of development subsidy. Limits development subsidies based on cost and quality of jobs created. Provides for recapture of development subsidies from businesses in default on obligations. Creates cause of action for aggrieved taxpayers. Declares emergency, effective on passage.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Transportation and Economic Development|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|