Article

Oregon's House Bill 4084 proposes to double property tax exemptions for data centers from five to ten years, potentially saving nearly $90 million in local taxes this year. The bill expands the enterprise zone program, making more cities eligible and incentivizing data centers to relocate.

Data centers in Hillsboro saved $45 million last year; this year, they will save double. Critics, including Jody Wiser from Tax Fairness Oregon, argue that the incentives disproportionately benefit data centers, raising concerns about their impact on the electrical grid. The bill's intent is to create economic opportunities statewide, with ongoing legislative scrutiny expected regarding the industry's benefits.