The Oregon Senate unanimously approved the so-called “Facebook bill” Wednesday, which would ensure that data centers would not be centrally assessed while in an enterprise zone.
The legislation would give Facebook and other similar data centers in the state certainty that while they were protected by an enterprise zone agreement, the state could not tax them on intangible assets, such as their brand. Last year, the Oregon Department of Revenue informed Facebook that its taxes could be assessed centrally, which often results in a higher tax bill. The social networking giant said the department's position was contrary to an agreement it struck with Crook County for a 15-year hiatus on the bulk of its property taxes.
Senate Bill 1532 will now go to the House. Rep. Mike McLane, R-Powell Butte, introduced identical legislation on the House side to ensure that one of the bills passes both chambers.