Oregon business subsidies becoming more transparent, but data still incomplete, OSPIRG report shows

Submitted by LDieringer on Wed, 03/19/2014 - 10:27am

Government officials in Oregon have been fully transparent about just five of the state’s 19 economic-development subsidies, despite required reporting laws, shows an annual study released Tuesday.

The 14 other incentives either lacked required information or disclosed none at all, according to the Portland-based OSPIRG Foundation.

The report did acknowledge that the handful of programs with the most public details are among the most heavily tapped. They account for nearly two-thirds of Oregon’s $671 million in subsidy spending.

“The major takeaway is that taxpayers have a better picture on how tax dollars are spent on economic development,” said Celeste Meiffren, an OSPIRG advocate and author of the new “Revealing Tax Subsidies” report. Continue>>>
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