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Tax-funded Oregon Forest Resources Institute misled public, may have broken state law, audit finds
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Tax-Funded Forest Institute in Oregon Misled Public, May Have Broken State Law, Audit Finds
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Remanufacturing is central to the circular economy
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Beth Nakamura/The Oregonian
Originally published on June 29, 2021 12:15 pm
Oregon lawmakers pledged to increase taxes on the timber industry and rein in its influence during this year’s legislative session. Instead, they handed the companies an unexpected gift another tax break.
As the session wrapped last week, lawmakers gutted the remaining $15 million annual harvest tax paid by timber companies for cutting down trees. The move eliminated about $9 million in annual revenue that helps fund Oregon State University’s forestry research and the Department of Forestry’s enforcement of state logging laws. Money for the programs will temporarily come from the state’s general fund, forcing the costs onto taxpayers.
Oregon Lawmakers Set Out to Increase the Timber Industry s Tax Bill Instead, They Cut It Again — ProPublica
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