SBAC backs my business proposal
The Office
The Small Business Advisory Council issued a press release expressing their support for my proposal to ease small business burdens. You can download it here or read on...
April 19, 2005 Contact: Ethan Dunham
FOR IMMEDIATE RELEASE 503.225.9633
SMALL BUSINESS ADVISORY COUNCIL BACKS COMMISSIONER ADAMS’ SMALL BUSINESS TAX REDUCTION ORDINANCE
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Proposal will help small business owners
The City Small Business Advisory Council (SBAC), a public-private partnership including many small business owners and representatives from various public agencies, has voted to support the draft Small Business Tax Reduction Ordinance as proposed by Portland City Commissioner Sam Adams.
It is the belief of the SBAC that the current Business License Fee structure disproportionately impacts small businesses in the City of Portland and discourages growth in this sector. The draft Ordinance recommends a gradual increase of Owners Compensation Deductions to the Business License Fee from $57,000 to $125,000 per year.
Adams’ proposal is in line with the goals of the Small Business Advisory Council to increase the health and success of Portland small businesses. The Small Business Advisory Council has issued an Economic Development Position Statement, which asserts that economic development must focus on activities that retain and create jobs through the retention, growth and development of businesses. This statement can be found at http://www.portlandalliance.com/ed-latest-news.htm.
The SBAC was established in 2003 to provide an organized voice for small business to work with the City Council on policies, regulations and projects, with the ultimate goal to enhance the competitiveness of the area’s small businesses. In addition to PDC staffing, the SBAC is supported by City Council and City bureau staff. For information online, go to www.pdc.us/smallbusiness.
Posted by The Office on April 20, 2005
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