FOR IMMEDIATE RELEASE:
February 12, 2021
Bill provides relief for small business owners statewide
VALE, Ore – Senator Lynn Findley joins Senator Betsy Johnson (D-Scappoose) in sponsoring key legislation to provide relief to landlords who have been hit hard by the economic effects of the COVID-19 pandemic. Senate Bill 330 establishes an income tax credit for forgiveness by landlord of tenant’s nonpayment of rent or other charges.
“The legislature has convened more than once since this pandemic started to deliver critical support to renters who have suffered from job losses and other unforeseen financial impacts of COVID-19, and rightfully so,” said Sen. Findley. “Now it is time for us to offer the same help to our landlords who have also financially suffered from these impacts.”
Findley introduced a similar bill earlier in the session before being invited by Senator Betsy Johnson to Co-Sponsor this legislation.
“This thoughtful, smart, bipartisan bill deserves full support from our colleagues in the legislature. We need to do all we can to support struggling Oregonians and provide relief for our small business owners who’ve been hit hard during these tough times. It’s time to get Oregonians back to work and in a place to start putting their lives back together.”
The bill has been referred to the Senate Committee on Housing and Development and is expected to receive a public hearing later in the legislative session.