Statement from Senator Ted Ferrioli on special session

FOR IMMEDIATE RELEASE
December 10, 2012
Contact: Michael Gay
503.986.1950
503.781.8559

Salem, OR - Senate Republican Leader Ted Ferrioli (R-John Day) released the following statement in response to special session called for December 14.

"Oregon needs jobs, and after four years of inaction any bill that brings a significant number of jobs to our state is a good bill.  The Governor is saying that without certainty, it may be impossible to retain or attract the large manufacturers whose investment in Oregon will create tens of thousands of new jobs and billions in income for Oregon workers. But just as big businesses need predictability, there are thousands of small and family owned businesses who also value certainty.  We agree that certainty is critical to encouraging new investment, but this principal should apply equally to all businesses, regardless of size.

"The Governor’s proposal provides a broad picture of how this new economic development tool can create additional investment in Oregon. It is the responsibility of the state legislature to fill in the specific details regarding the amount of investment, the number of jobs created and the duration over which 'tax certainty' will occur."

 # # #