Oregon voters will likely have final say on multibillion-dollar business tax

Oregon voters rejected a similar gross receipts tax just three years ago when they voted down Measure 97. But there are some key differences. (Photo by Mark Graves/The Oregonian)

 

Oregon voters rejected a similar gross receipts tax just three years ago when they voted down Measure 97. But there are some key differences. (Photo by Mark Graves/The Oregonian)

Oregon Democrats hailed “a historic moment” Monday when the state Senate voted along party lines to approve billions of dollars in new business taxes, money earmarked for the state’s struggling education system.

The bill became law Thursday with Gov. Kate Brown’s signature but that doesn’t necessarily mean the tax will take effect as scheduled in January. Supporters and opponents of the tax agree it’s likely to end up before voters in a special election, probably at the beginning of next year.

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