From the Oregonian: But Senate Minority Leader Ted Ferrioli, R-John Day, says it has already been rejected.
"The gross receipts tax is dead," he said in an interview Thursday. "It's a non-starter. It won't go anywhere."

In a nutshell, Hass says this is what the plan includes, though it's subject to change:
>> Repealing the state's corporate income tax
>> Enacting a gross receipts tax of .25 to .75 percent, possibly with different rates for different types of companies, on firms' Oregon sales over $1 million
>> Creating tax credits for business owners who pay their business taxes via the personal income tax, so their business income is not effectively taxed twice
>> Reducing the marginal rates for personal income taxes to help offset increased consumer prices caused by the gross receipts tax