Special Session Update
Dear OSCC members and colleagues -
We wanted to update you on the Special Session that Governor Brown declared for next week.
The purpose of the Special Session is to pass LC 1 (linked here), which allows sole proprietors (with at least 1,200 employee hours) to take advantage of Oregon's lower tax rates for "pass-through" businesses. LC 1 is Governor Brown's bill.
On its face, OSCC certainly does not disagree with the spirit of the legislation. In fact, we would likely support any expansion of Oregon's "small business tax cut."
But we have strong concerns about getting involved in this particular legislative effort for the following reasons:
OSCC will be in discussions with our partner business associations, but at this point, we believe that most, if not all, business organizations will stay neutral.
The Joint Committee on Sole Proprietors has been appointed and will begin to receive public testimony on Wednesday at 1pm. OSCC will be present at the public hearing.
As of now, we have no idea how this Special Session is going to play out. Negotiations are fluid. It has not been pre-negotiated. Nobody (other than the Governor) believes this is an emergency worthy of a special session. Neither the Democrats nor the Republicans are particularly pleased to be in this situation.
We will keep you updated as we know more. If it appears that OSCC needs to engage, the Government Affairs Committee will convene.
JL Wilson & Jenny Dresler