In the news

OSPIRG
|
Portland Business Journal
By
Suzanne Stevens

Oregon received an "F" in a national report that graded states on the transparency of their economic subsidy efforts.

According to Good Jobs First, a nonprofit Washington D.C.-based research group, Oregon does a miserable job in disclosing the names of companies receiving state and local tax breaks, cash grants and other subsidies for job creation.

“Oregon can’t afford spending big dollars on subsidies without tracking where they go and whether they deliver bang for the buck,” said Jon Bartholomew of the Oregon State Public Interest Research Group, known as OSPIRG. “When public dollars go to private businesses, we need the highest level of transparency.”

The report highlighted what it believed was Oregon's mismanagement of the Business Energy Tax Credit program. While the report noted legislative action to reform the program, it still called out Oregon for not making data about who receives the credits available online.

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