Legislators are gathered to consider a bill providing tax certainty to Nike, which could have as many as 69 amendments.
Legislators are gathered to consider a bill providing tax certainty to Nike, which could have as many as 69 amendments.
It would allow the governor and the director of the Department of Revenue to sign a contract with any company planning to make a $150 million, five-year investment with a net employment of 500 full-time jobs. The contract could last from five to 40 years.
Debate over the proposal intensified Thursday at a public hearing of the newly formed economic development special committee. The testimony, at times critical, clouded what was first seen as a slam-dunk win for the sportswear company and Gov. John Kitzhaber.
{biztweet}nike tax{/biztweet}
