Renewing the Residential Energy Tax Credit (RETC) is OSEIA’s top legislative priority this session. Since the prospects for winning on RETC are very much entwined with the question of how the legislature will address the state’s $1.4 billion budget deficit, OSEIA has been following the budget deficit discussion closely.
The legislature’s first job, above all others, is to pass a balanced state budget for the next biennium. With such a large shortfall, any program that costs money is potentially on the chopping block—that includes RETC and even critical state programs like education and healthcare.
Oregon’s budget deficit is structural in nature, meaning that the state’s taxes and other revenue sources routinely fail to generate sufficient funding to cover the cost of state services. Without reform to Oregon’s tax policies, large deficits will continue to impact Oregon policy-making in future sessions and threaten state programs.
OSEIA has never weighed in with legislature on tax issues before. But the need for the RETC may require us to do that. We are seeking input on how potential policy positions on these issues could affect members’ work and company. Members have a survey in their inbox. Go here to fill out the survey if you haven’t already.
We will be also asking for OSEIA members to contact legislators very soon to support RETC. Once we define a specific funding mechanism, we’ll need to make sure that any extension stays in the final package. We know OSEIA members are ready to help deliver the message on how important RETC is. The time to help is coming quickly so stay tuned!Read more
With less than eight weeks left in Oregon’s legislative session, the legislature passed another significant benchmark on Tuesday: The State Economist presented May’s quarterly economic forecast to state legislators. The forecast provides the final estimate of revenue which legislators may allocate as they craft the next state budget.
What does that have to do with OSEIA’s legislative priorities? Well, OSEIA’s top priority is extending the Residential Energy Tax Credit (RETC). RETC brings numerous benefits to Oregon households and the solar energy and energy efficiency industries. But it also costs the states roughly $15 million dollars per year. With such a large budget deficit to fill, any state program that costs money is potentially on the chopping block.Read more
SEIA, the national solar trade association, is organizing a lobby day for solar companies based in and working in the western United States - Washington, Oregon, California, Idaho, Nevada, Utah, Arizona, Montana, Wyoming, Colorado and New Mexico – in Washington, DC on June 22, 2017.
Renewing the RETC (HB 2681) remains OSEIA’s top priority this session. Since the prospects for winning on RETC are very much entwined with the question of how the legislature will address the budget deficit, OSEIA has been following the budget deficit discussion closely.
Oregon’s budget deficit is structural in nature, meaning that the state’s taxes and other revenue sources routinely fail to generate sufficient funding to cover the cost of state services. Without reform to Oregon’s tax policies, large deficits will continue to impact Oregon policy-making in future sessions and threaten state programs.Read more
Over thirty years ago, as a communist child from the Vietnamese city of Saigon (capital city of South VietNam) fell to North Vietnamese forces on April 30th, 1975. The fall of Saigon (now Ho Chin Minh City) effectively marked the end of the Vietnam War. The Vietnamese people fled their country any way they could find possible. They became known as “Boat People,” and many settled in America. Vietnamese boat people refers to refugees who fled Vietnam by boat and ship after the Vietnam War, and I was one of those refugees. I believed and still believe that hope is the only way to survive. The number of boat people leaving Vietnam and arriving safely in another country totaled close to 800,000 between 1975 and 1995.
Support the Oregon SolarPAC!!!
OSEIA has started a political action committee to increase our voice and influence with our decision makers in Salem. Your donation to the Oregon SolarPAC helps expand OSEIA’s capacity to develop a marketplace for the widespread adoption of solar energy in Oregon. More information>