Oregon
Governor John Kitzhaber has called for the state legislature will meet in
Special Session on Friday, December 14, to consider authorizing Governor
Kitzhaber to enter into agreements with companies committing to significant job
growth and investment in Oregon.
The Governor called the session at a news conference this morning where he
emphasized what he called an extraordinary opportunity to boost Oregon’s economy with high wage jobs.
Governor Kitzhaber said, quote: “With legislative action this week, Oregon can secure high wage jobs and hundreds of millions of dollars of new private investment in the next five years, in fact, Nike is ready to commit to a significant expansion of its Oregon operations if the state can provide certainty we won’t change tax rules after they make a new investment. It’s an easy call and a perfect fit with our strategy to attract and retain companies that create jobs and boost per capita income.”, close quote.
In a press release, House Speaker nominee Tina Kotek said:
The Economic Impact Investment Act would allow the Governor to enter into qualifying investment contracts with any company committing to a minimum of 500 jobs and $150 million in capital investment over five years.
Governor Kitzhaber said, quote: “With legislative action this week, Oregon can secure high wage jobs and hundreds of millions of dollars of new private investment in the next five years, in fact, Nike is ready to commit to a significant expansion of its Oregon operations if the state can provide certainty we won’t change tax rules after they make a new investment. It’s an easy call and a perfect fit with our strategy to attract and retain companies that create jobs and boost per capita income.”, close quote.
In a press release, House Speaker nominee Tina Kotek said:
“We’re doing everything we can to create and retain quality
jobs, while ensuring we have an open and transparent conversation. Job creation
is a top priority. We’re going to have an open process to make sure we are
growing Oregon businesses and jobs in Oregon.”
The Economic Impact Investment Act would allow the Governor to enter into qualifying investment contracts with any company committing to a minimum of 500 jobs and $150 million in capital investment over five years.
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