Lawmakers To Hear Public Testimony on Nike Expansion

By Jim McCoy Tue 11th December NewsNikeOregon legislature
An Oregon legislative committee will hear public testimony Thursday on a bill sought by apparel giant Nike. Gov. John Kitzhaber has called the full Legislature into special session Friday to consider legislation giving Kitzhaber authority to lock-in a key provision of the tax code for Nike. Nike said it would expand in Oregon if the state would agree that the company's taxes will continue to be calculated based solely on its Oregon sales. Before 2005, Oregon included the value of in-state payroll and property when calculating taxes for multi-state corporations like Nike. The newly created Joint Special Committee on Economic Development will meet on Thursday at 9 a.m. in Salem. Associated Press

Search

Focus Today

Focus Today

Video On Demand

Video On Demand

theDove News

theDove News

Sports

Patrick Doyle

Counselling

Patrick Doyle
(c) 2012 UCB USA Inc dba theDove