HB 2632 VOTE: YES
Died In Committee on 06/26/2021
Status (overview) of bill: https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/HB2632
Committee assigned to bill: https://olis.oregonlegislature.gov/liz/2021R1/Committees/HREV/Overview
This bill reinstates tax credit for reforestation.
Fiscal Responsibility
A tax credit is allowed with a preliminary certificate is issued before December 31, 2027.
Local Control
Adds jobs to rural areas, and small trees absorb more carbon to grow, helping the environment agenda.
The Best Incentive has always been in the form of “Monetary Rewards.”