Oregon's Green Construction Tax Benies

Oregon is often referred to as a green stateuse it to determine tax savings.
because its bountiful rainfall. As Oregon's greenOregon has other tax credits that are green
construction tax benefits reveal, the title is just asrelated. The Business Energy Tax credit is one.
applicable to its environmental philosophy.This credit is designed to encourage the reduction
It is at the state and local level that greenof energy use and waste, and to encourage the
construction has been meeting much success inuse of alternative energy sources. It is also a tax
the area of funding and all in tax credits andcredit that shows Oregon's commitment to green
reductions. Several states have emerged asconstruction ideals. Recently, Oregon introduced a
leaders and supporters of the United Statesprogram to allow non profit organizations to
Green Building Council and the LEEDs Certificationbenefit from this credit even though they were
program. Among the leading states is Oregon.mostly exempt from Oregon taxes anyway.
Oregon, which is one of the States that make upAlthough Oregon is a leader among the states in
the Pacific Northwest region of the country, has asupport of green construction via tax breaks,
full range of environmental issues. It borders theother states have instituted similar credits. New
ocean and has an extensive inland system ofJersey is another state offering credits. The
rivers and lakes. It has all of the urban issues withrecognition of green construction and its
the City of Portland, and it is a fast growing stateimportance by state governments has been a
that has seen development encroaching on itscritical factor in the progress of the movement in
pristine forest areas.the United States.
Oregon has become one to the leaders of theIt is only with the combined efforts of all
green construction movement, and one of itssegments will the problems of our environment
heroes, with a Sustainable Building Tax Credit. Thiscan be solved. Individuals must do their part by
credit starts by determining the value of a buildingdemanding green construction standards of
based on its square footage and its LEEDsustainability in their own home choices. Business
Certification level. Once this value is determined aand industry must also contribute. It is the
tax break of up to 35 percent is given as a credit.government sector that holds the real key.
The important thing here is the use of the LEEDWithout the support of government, and without
certification level to determine value. It is a waylaws that can give teeth to environmental
of saying that the higher the level, the moreinitiatives, little real progress can be made. Oregon
valuable the building. There could hardly be ahas become a leader with its tax benefits, and we
better way to support the LEED program than tocan only hope other states follow this example.