Oregon Wolves
5:09 pm
Wed February 29, 2012

Oregon House Approves Tax Credit For Livestock Lost To Wolves

SALEM, Ore. – Oregon ranchers who lose livestock to a wolf attack would be eligible for a tax credit under a measure approved Wednesday by the Oregon House. The bill would authorize a total of $37,000 in tax credits statewide each year.

It would compensate for cattle and sheep killed by one of Oregon's handful of grey wolves. The reintroduction of the predator has been a priority for some conservation groups. But Democratic Representative Jeff Barker said people who want to see wolves in Oregon should help pay for the damage the animals inflict.

Jeff Barker: "We should be willing to treat this like an insurance policy and spread the risk. I'm willing to pick up a little piece of that, a tiny piece, through the tax credit to cover the ranchers who've invested and are working hard to make a living up there."

Opponents said the tax credit is unnecessary because Oregon already has a fund to compensate ranchers who lose livestock to wolves. The measure now moves to the Oregon Senate.

Copyright 2012 Northwest News Network

On the web:
HB 4005-C: http://www.leg.state.or.us/12reg/measpdf/hb4000.dir/hb4005.c.pdf

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