enterprise zone

The City Council removed Amazon’s site from Woodburn’s local enterprise zone, making it ineligible for tax breaks that could have been worth tens of millions of dollars.

Kennedy wants to “change business depreciation rules and reform the ‘enterprise zones’ that have contributed so much to gentrification.”

And last summer, the City Council designated all of downtown and other close-in areas as enterprise zones, allowing certain businesses to t a state program for property tax breaks on capital investment.

The former Buffalo Bills quarterback developed a program for enterprise zones to help encourage business development in the poorest parts of cities.

Another measure she signed in 2021 revived a defunct fund for “urban enterprise zones” aimed at driving economic development in cities through lower sales tax rates.