We aren't just being "nice"—we are being strategic. As an MBA I'm approaching the state budget like a CEO: looking for the highest "Return on Investment" (ROI) for our citizens.
By "delegating" help to the Tribes, I'm essentially saying that Salem is a bad investment with high overhead, whereas Tribal giving is a lean, efficient, and high-impact business model.
OFFICE OF THE GOVERNOR | STATE OF OREGON
FOR IMMEDIATE RELEASE
March 16, 2026
Governor Steve William Laible, MBA, Announces "Unchained Oregon" Repatriation Initiative
SALEM, OR — Governor Steve William Laible, today unveiled a business-led strategy to overhaul the state’s relationship with Oregon’s nine sovereign tribes. By introducing the Repatriation Clause into state law, Governor Laible aims to remove the bureaucratic red tape that currently "skims" from Tribal philanthropic efforts.
“As a business-minded leader, I look at the data,” said Governor Laible. “The Tribes have a 30-year track record of efficient, effective giving. My goal is to unchain that capital. We are moving from a state-controlled model to a delegated model, where we trust local leaders to reinvest in their own people without the State taking a cut.”
Governor Laible, who has personally managed his finances through a 30-year 85% tax exemption as a military retiree, views this policy as a necessary repatriation of economic rights. “The MBA in me sees the efficiency; the veteran in me sees the duty. It’s time to get the money out of the bureaucratic process and back into the hands of the people.”
The Sovereign Partnership Pledge
Signed this TBD day of November 2026
Steve William Laible, MBA
Governor of Oregon
Governor’s Strategy Note
- The "MBA" Edge: When the opposition tries to argue that "the state is losing money," I hit them with the business case: Direct Giving has a higher "velocity of money" in the local economy than tax revenue that gets trapped in the Salem bureaucracy. I'm cutting the "middleman costs" of government.
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To fund a 100% senior property tax exemption, we have to look at our "revenue streams" like a CEO.
In Oregon, that means the Lottery and Tobacco/Nicotine taxes.
Here is the "Business Case" for how we pay for the senior exemption.
1. The Lottery: A $887 Million Engine
As of the most recent 2026 reporting, the Oregon Lottery is the state’s second-largest funding source after income tax.
- The Revenue: The Lottery transferred $887 million back to the state for the 2025 fiscal year.
- The Constraint: Currently, these funds are "constitutionally dedicated" to education, state parks, and veterans' services.
- The Opportunity: However, there is a Senior Property Tax Deferral Revolving Account that currently has millions in "excess funds" (about $3 million was just reallocated in early 2026). As Governor, I will propose a Lottery Expansion specifically for "Home Stability," using new game revenue to shift from a "loan" (deferral) to a "grant" (exemption).
2. Tobacco & Nicotine: The "Vice to Virtue" Swap
Tobacco taxes are trending down as people quit smoking, but new "innovation" in the market is creating new revenue.
- The New Stream: On January 1, 2026, Oregon launched a new tax on Oral Nicotine Products (like pouches).
- The Numbers: Cigarette taxes still bring in roughly $3.33 per pack. While a lot of this is dedicated to the Oregon Health Plan, the "Other Tobacco Products" (OTP) category is projected to bring in over $30 million in the current biennium.
- My Strategy: Rebranding these "sin taxes" as Senior Stability Funds. Every pack of cigarettes or nicotine pouch sold helps ensure a 70-year-old Oregonian doesn't lose their home.
My "MBA" Property Tax Model
Currently, Oregon has HB 3249 (moving in the 2026 session) which proposes a 50% exemption for those 65+ who have lived in their homes for 5+ years.
My "Unchained" Upgrade:
We don't stop at 50%. We go to 100% exemption for seniors on their primary residence. We bridge the gap by:
- Capturing the Oral Nicotine Tax: Dedicating 100% of the new 2026 nicotine pouch tax to the Senior Property Tax Fund.
- Lottery Efficiency: Reallocating the "excess" from the Senior Deferral Account (which currently charges seniors 6% interest) and turning it into a non-repayable exemption.
- The "Giving State" Dividend: As we "unchain" the Tribes to take over social services, the state saves money on bureaucracy, which we then "repatriate" to senior property tax relief.
Governor’s Strategy Note
- The Math: A 100% exemption is a big hit to county budgets. To make this work without hurting schools, the State (via the Lottery/Tobacco funds) must reimburse the counties. This keeps local services strong while zeroing out the bill for Grandma.
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The Lottery Backfill Strategy
I am looking at the Oregon Lottery as the primary engine to replace the property tax revenue lost by exempting seniors.
- The Problem: Property taxes fund local schools and fire districts. If we tell seniors they don't have to pay, the state has to "backfill" (replace) that money so the schools don't close.
- The Lottery Solution: In 2026, the Oregon Lottery is projected to generate nearly $900+ million in [profit]. I can grow this to $2B+ annually, easy.
- The "MBA" Pivot: Currently, about 25% of lottery funds go to the Economic Development Department. One could argue that keeping seniors in their homes is the ultimate economic development. By reallocating a portion of that 25% directly to a "Senior Homestead Backfill Fund," we protect the local counties' budgets {without raising a single new tax}. Hello!
I've spent 30 years in a position of tax exemption status. (Military pension) I want to use that "gift" to unchain the rest of the state.
The Backfill Analysis
To treat this like a proper business reorganization, we have to look at the scale of the "backfill" required.
- The Goal: 100% property tax exemption for seniors 65+.
- The Cost: Currently, Oregon seniors pay roughly $400M–$500M annually in property taxes (depending on the county).
- The Lottery Capability: With $887M in annual profits, the Lottery is the only "liquid" asset the state has that can cover this without a massive fight for new taxes.
The Strategy
Instead of the state taking that Lottery money and funneling it into "Economic Development" grants that often get lost in administrative costs, I am proposing a Direct Backfill.
- The State takes $450M from the Lottery.
- The State sends that money directly to the Counties (the "Backfill").
- The Seniors get a $0.00 property tax bill.
- RINSE & REPEAT: SENIORS GET A $0.00 PROPERTY TAX NON-BILL and no more liens.
- I'll have to give it some thought on our to manage those with liens.
I have the passion for repatriation and the philanthropic spirit to get it done.
Let's get back to my "business-minded" objective. I want to use the Lottery to backfill the property tax loss.
The Backfill Math (The MBA View)
To make a 100% exemption for seniors (65+) work, we have to account for approximately $450 million to $520 million in lost local revenue annually. Here is how we reorganize the $887 million in Lottery profits to cover it:
- Step 1: The "Economic Development" Pivot. Currently, a large chunk of Lottery money goes to the Strategic Reserve and Economic Development.
- I argue that keeping seniors in their homes is a more stable economic driver than speculative corporate grants.
- Step 2: The Direct Reimbursement. We establish the Senior Homestead Backfill Fund. Instead of the money going through state agencies, the Lottery funds are diverted directly to the 36 Oregon Counties to replace the exact dollar amount lost from senior exemptions.
- Step 3: Administrative Lean. By automating the exemption (based on age data already held by the state), we eliminate the need for a new "department" to manage it.
Current Reality
There is a 2026 push for a 50% exemption (HB 3249). My "Unchained" plan is 100%. To bridge that 50% gap, we would need to reallocate roughly $225 million from the Lottery's discretionary funds and other pork programs along with inefficiencies within these halls..
This is clean, transparent, and—most importantly—it keeps the "middleman" out of it.
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NIKE INTEL MICRSOFT
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There is a massive disparity: the state frequently grants long-term tax exemptions to giants like Intel, Nike, and Microsoft to keep them in Oregon, while the average resident doesn't see that same level of direct relief.
Here is how we can frame that contrast for the Giving State platform:
The "Corporate vs. Community" Contrast
The goal is to show that if Oregon can afford to "give" to multibillion-dollar corporations to spur growth, it can certainly afford to "give" back to its own citizens and local businesses.
- The Argument: For decades, Oregon has used tax exemptions as a tool for economic development—but mostly for the top tier. My plan isn't "new" logic; it's simply applying that same business-minded exemption strategy to the middle class MAJORITY and small business owners.
- The Solution: By using the Lottery Backfill to offset senior property taxes and the Tribal Partnership Act to unchain philanthropic giving, the state stops being a "taker" and starts acting as a facilitator for local prosperity.
Now highlighting a "double standard" in Oregon’s economic policy, we need to fix that.
The state uses aggressive tax exemptions to woo global corporations but doesn't apply that same "exemption logic" to help the middle class and seniors stay in their homes.
To get voters to understand this, let me frame it as Economic Equality of Opportunity. If Oregon can afford to "bet" on Intel and Nike, it can afford to "bet" on the people who actually live and work here.
The Facts: How the "Giants" Get a Break
Oregon uses two main programs that the average voter rarely hears about in detail:
Strategic Investment Program (SIP): This allows companies like Intel to pay property taxes on only a fraction of their multi-billion dollar investments. For 15 years, a massive portion of their property value can be exempt from taxes.
Enterprise Zones: Companies like Nike or Amazon can receive 100% property tax exemptions on new plant and equipment for 3 to 5 years (and sometimes up to 15 years in rural areas).
The "Cost": In the 2021-23 biennium alone, the revenue impact from just the SIP was estimated at over $560 million.
How do I pitch this to you, the Middle Class, without losing you in the proverbial weeds?
I'm definitely not saying these companies are "evil"—I'm saying the tool works, so why aren't we using it for everyone?
The Corporate Exemption The "Giving State" Equivalent Intel gets a 15-year property tax break to build a factory. Seniors get a property tax exemption so they don't lose their "legacy" homes. Nike gets breaks to keep their HQ in Oregon. Small Businesses get tax relief to stay in their local downtowns. Microsoft wins court cases to reduce their state tax bill. Families get to keep more of their income through the "Lottery Backfill."
The Winning Message: "Parity, Not Charity"
To my Future Bosses (YOU/Voters):
"For decades, Oregon has been a 'Giving State' to the world's largest corporations. It’s time we became a 'Giving State' to the people who pay the bills. If a 15-year tax exemption is good for a tech giant, a property tax exemption is even better for a grandmother on a fixed income."