The Senate Committee on Finance and Revenue convened on March 26, 2025, to discuss Senate Bill 21, which proposes a non-refundable income tax credit aimed at encouraging businesses to hire current and former foster youth. The bill, introduced by Senator Gelser Blueen, offers a tax credit equal to the lesser of $2,400 or 40% of the wages paid to eligible employees during their first year of employment. Unused credits can be carried forward for up to three years, and the Oregon Employment Department will be responsible for certifying eligible employees. The proposed tax credit would apply to tax years beginning on or after January 1, 2026, and before January 1, 2032.

Vashaka Prien, a high school junior from Portland and the original creator of the bill, testified in support of the legislation. Prien highlighted the significant employment gap faced by foster youth, who often lack the support systems available to their peers, making it difficult for them to secure stable jobs. With a high school graduation rate of around 50% for foster youth in Oregon, Prien emphasized that employment is crucial for their survival, as many face risks of homelessness and poverty without stable job opportunities.

Prien argued that the tax credit would not only benefit foster youth by providing them with essential work experience but also offer financial relief to businesses willing to hire them. By incentivizing the hiring of foster youth, the bill aims to reduce reliance on social services and break the cycle of poverty and homelessness that many former foster youth experience.

The committee's discussion reflects a growing recognition of the challenges faced by vulnerable populations and the potential for policy changes to create lasting impacts. The proposed legislation is seen as a proactive measure to improve employment opportunities for foster youth while simultaneously supporting local businesses.