After coming up well short of expectations earlier this fall in an effort to auction off $1.5 million in tax credits, the Oregon Departments of Revenue and Energy will re-open the bidding tomorrow for a second tax credit auction. The first attempt drew few bidders and raised less than one-third of projections.
Like the first go-round, the new auction will accept opening bids of $950 for the chance to win a $1,000 tax credit. (That is, for $950 you would get a $1,000 tax credit on your next Oregon income tax return, making it a $50 profit in your favor.) Bidding opens at 9 a.m. tomorrow and runs through December 9.
Wednesday, November 30, 2011
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