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Over 80 Groups Oppose S.2155 & its Benefits for the Credit Bureaus

By | Mike Litt
Director, Campaign to Defend the Consumer Bureau

Today, we sent a letter addressed to all members of the House of Represenatives in opposition to S. 2155, or as we call it, the Bank Lobbyist Act. We are joined by 84 other groups and leaders, representing communities, consumers, servicemember, and workers across the country. In particular, this letter explains how the bill benefits Equifax and the other national credit bureaus at the expense of average consumers and our military servciemembers. 

No one should lose a loved one to deadly chemicals. But right now you can walk into Lowe’s and other stores and buy paint removers containing highly toxic chemicals.

2018 Legislative Session Recap

By | Charlie Fisher
State Director

On March 3rd, the state legislature adjourned a four-week “short session.” See how our main priorities fared in the legislature.

In 2013, the Legislature unanimously adopted HB 2460, which identified an extensive list of tax haven countries and required Oregon corporate tax filers to add income from any subsidiaries in those countries to their Oregon taxable income. The measure was based on a successful 2003 Montana law, and a May 2017 report from the Legislative Revenue Office estimated that it kept more than $20M in Oregon during the 2014 tax year, rather than being parked in offshore tax havens such as the Cayman Islands.[i]

Unfortunately SB 1529A, scheduled for a work session in the House Revenue Committee, repeals this landmark law. Presumably, the reasoning behind this repeal is that federal tax reform will prevent further tax havens abuse. We think is analysis is premature and likely incorrect.

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