Oregon lawmakers weigh $150 million incentive pool in wake of manufacturing Business Energy Tax Credits

The $150 million reincarnation of Oregon’s manufacturing BETC — in talks for months and still in flux — appeared for the first time in writing Thursday in the waning days of the legislative session.

Details were spelled out in a 78-page tax bill amendment that shored up several expiring credits. The manufacturing Business Energy Tax Credits would die off, replaced by a $25 million annual pool.

Although green energy companies remain the priority, the move diversifies taxpayers’ portfolio beyond solar manufacturers. High-dollar recipients such as SolarWorld and SoloPower have been pummeled by foreign competition and a tough economy.

By Molly Young, The Oregonian

Full Story: http://www.oregonlive.com/money/index.ssf/2013/06/oregon_lawmakers_weigh_150_million_incentive_pool_in_wake_of_manufacturing_betc.html#incart_river