Lawmakers were expected to debate and vote on the measure later Friday.
The world's largest athletic apparel company says it will expand in Oregon if the state will allow Nike to continue using the current corporate tax structure regardless of any future changes by the Legislature. The legislation being considered in Salem would authorize the governor to give Nike its promise.
For multistate corporations, Oregon calculates income taxes based only on the company's sales in Oregon. The seven-year-old model results in substantially lower tax bills for companies like Nike with high payroll costs and low sales in the state.
Nike employs 8,000 people in Oregon and says it will hire at least 500 more.
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