Oregon minimum wage, hotel tax going up Friday

Article Featured on KTVZ | TFoxFoto / Shutterstock.com

New laws kicking in July 8th will give a slight boost to the paychecks of more than 100,000 low-income Oregonians while tourists and vacationers will have a little less spending money.

The changes, enacted by the Legislature earlier this year, will almost double Oregon’s 1 percent tax on hotel stays and raise the current $9.25 hourly minimum wage by 50 cents in metro Portland and smaller cities such as Eugene and Salem and 25 cents in rural areas.

The lodging tax increase will help create a $25 million-subsidy for the 2021 World Track and Field Championships in Eugene and increase state tourism funds.

Gradual wage increases will occur annually through 2022, when metro Portland’s minimum will top $14.75, smaller cities at $13.50 and rural areas at $12.50.

Isler Northwest LLC is a firm of certified public accountants and business advisors based in Portland, Oregon. Our local, regional, and global resources, our expertise, and our emphasis on innovative solutions and continuity create value for our clients. Our service goal at Isler NW is to earn our clients’ trust in us as their primary business and financial advisors.

Isler Northwest

(503) 224-5321

1300 SW 5th Avenue
Suite 2900
Portland, Oregon 97201