09/30/2026
FOR IMMEDIATE RELEASE
September 04, 2026
New Tax Credit Helps Oregon Businesses That Are
Growing Their Workforce
Eligible employers can apply through October 31 for credits of up to $10,000
SALEM, Ore. – Business Oregon is accepting applications for the new Qualified Jobs Creation
Tax Credit, a statewide program created by the Oregon Legislature earlier this year that
supports businesses creating jobs in Oregon. Applications for the 2026 tax year opened
September 1 and will close October 31, 2026.
The program provides a credit of $1,000 per qualifying net new job, covering up to 10 jobs for a maximum of $10,000 per taxpayer per tax year.
The credit reduces Oregon tax liability for
eligible employers growing their workforce.
“Creating quality jobs starts with supporting the businesses investing in our communities,” said
Sophorn Cheang, Director of Business Oregon. “This program empowers Oregon employers to expand their teams while connecting more Oregonians with well-paying opportunities. We encourage businesses across the state to review the requirements and explore whether they qualify.”
Established in 2026 through Senate Bill 1507 and amended by House Bill 4084,
the program serves businesses whose primary activity falls within one of seven
qualified industries:
• Advanced manufacturing
• Bioscience and biotechnology
• Clean technology
• Food and beverage processing
• Forestry and wood products
• High technology
• Outdoor gear and apparel
To qualify, employers must demonstrate net job growth under the program’s employment
calculation requirements. Jobs counted toward the credit must meet a wage threshold of at least
150% of the applicable Oregon minimum wage where the employee primarily works.
Business Oregon must certify eligibility before a taxpayer can claim the credit on an Oregon tax
return. Statewide certifications are capped at $12.5 million annually. If approved requests
exceed that amount, credits will be reduced proportionately.
Businesses can review eligibility requirements, access employment and wage calculation
worksheets, and apply through the Qualified Jobs Creation Tax Credit webpage. Questions
about the program can be directed to [email protected].
Media Contact: Steph Newton; steph.newton@b
