Oregon AG Issues Opinion on New State Utility Tax Law

The long-standing “phantom tax” issue that Oregon lawmakers tried to fix this year (Senate Bill 408) prompted a 29-page opinion last Tuesday from state Attorney General Hardy Myers, giving state regulators broad authority to make annual adjustments to keep the tax payment collection component of rates consistent with what each private-sector utility pays for a given year. Consumer groups and utilities are promoting different implementation approaches.

December 30, 2005