Measure 118 – Formerly IP17 – Up for a Vote in November

Oregon voters will get a chance to voice their opinion on Measure 118, formerly IP-17, in November. Basically, the measure is requesting a 3% gross receipts tax on businesses with annual Oregon sales of more than $25 million. This would include power and gas utilities, auto dealers, insurance companies, healthcare providers, and large gas stations according to the Central Oregon non-profit, EDCO.

According to Measure 118 advocates, these increased revenues would support an annual rebate check for qualified Oregonians, estimated at $750 per person.

SOREDI’s foundational purpose is for the benefit of Southern Oregon business. We advocate for a business environment and business incentives that encourage long-term growth for established companies and for new companies who see our region as a promising location to expand or relocate to. Though we are not politically active according to our bylaws, we feel it important to inform our readership of this important measure so that each of you can be informed.

To learn more about Measure 118 and its advocates, click here

To learn more about opposing Measure 118, click here

One Rogue Valley Comprehensive Economic Development Strategy 1.1, 1.2, 1.3, 1.4, 1.5, 5.3, 5.4