Oregon Tax Credits for Former Nuclear Weapons Manufacturers, Measure 16 (1986)
The Oregon Tax Credits for Former Nuclear Weapons Manufacturers Act, also known as Measure 16, was on the November 4, 1986 ballot in Oregon as an initiated state statute, where it was defeated. The measure would have given tax credits to nuclear weapons manufacturers transitioning to producing consumer commodities and penalized those nuclear weapons firms who did not transition after 1990.
|Oregon Measure 17 (1986)|
Election results via: Oregon Blue Book
Text of measure
The language appeared on the ballot as:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
16. PHASES OUT NUCLEAR WEAPONS MANUFACTURE WITH TAX CREDITS, CIVIL PENALTY
EXPLANATION - Proposed law creates tax credits for businesses retraining employes or making capital investments to change from making nuclear weapons or parts to making consumer products. Tax credit is the lesser of 30% of the certified conversion costs or all tax liability for three successive years. Manufacture of nuclear weapons or parts prohibited and subject to civil penalty (maximum $5,000 per day) beginning 1990, but contracts in effect before this Act passes could be completed.
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- Oregon Blue Book Initiative, Referendum and Recall: 1980-1987
- Oregon State Constitution
- State of Oregon Official Voters' Pamphlet November 1986
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