Bill
Bill > SB1579
OR SB1579
OR SB1579Relating to a program to address economic inequity; and prescribing an effective date.
summary
Introduced
02/01/2022
02/01/2022
In Committee
03/01/2022
03/01/2022
Crossed Over
02/28/2022
02/28/2022
Passed
03/03/2022
03/03/2022
Dead
Signed/Enacted/Adopted
04/01/2022
04/01/2022
Introduced Session
2022 Legislative Measures
Bill Summary
Directs Oregon Business Development Department to develop and implement Economic Equity Investment Program to award grants to organizations that provide culturally responsive services to support economic stability, self-sufficiency, wealth building and economic equity among disadvantaged individuals, families, businesses and communities in Oregon. Directs Oregon Business Development Department to develop and implement Economic Equity Investment Program to award grants to organizations that provide culturally responsive services to support economic stability, self-sufficiency, wealth building and economic equity among disadvantaged individuals, families, businesses and communities in Oregon. Becomes operative January 1, 2023. Appropriates moneys from General Fund to department for purposes of grant program. Takes effect on 91st day following adjournment sine die.
AI Summary
This bill directs the Oregon Business Development Department to develop and implement an Economic Equity Investment Program to award grants to organizations that provide culturally responsive services to support economic stability, self-sufficiency, wealth building, and economic equity among disadvantaged individuals, families, businesses, and communities in Oregon. The bill defines "culturally responsive services" and "economic equity risk factors" such as discrimination, English proficiency, citizenship status, socioeconomic status, and rural location. The department is required to conduct biennial evaluations of the funded services and report the results to the legislative committees. The bill also establishes the Economic Equity Investment Fund, appropriates $15 million for the program, and sets an operative date of January 1, 2023.
Committee Categories
Budget and Finance, Business and Industry, Transportation and Infrastructure
Sponsors (33)
Teresa Alonso Leon (D)*,
Rachel Armitage (D)*,
Wlnsvey Campos (D)*,
Julie Fahey (D)*,
Lew Frederick (D)*,
Kayse Jama (D)*,
Akasha Lawrence Spence (D)*,
James Manning (D)*,
Mark Meek (D)*,
Rob Nosse (D)*,
Ricki Ruiz (D)*,
Janelle Bynum (D),
Michael Dembrow (D),
Maxine Dexter (D),
Sara Gelser Blouin (D),
Dacia Grayber (D),
Ken Helm (D),
Paul Holvey (D),
Jason Kropf (D),
Kate Lieber (D),
Susan McLain (D),
Nancy Nathanson (D),
Travis Nelson (D),
Katherine Pham (D),
Karin Power (D),
Floyd Prozanski (D),
Jeff Reardon (D),
Lisa Reynolds (D),
Sheri Schouten (D),
Janeen Sollman (D),
Nathan Sosa (D),
Andrea Valderrama (D),
Anna Williams (D),
Last Action
Effective date, June 3, 2022. (on 04/01/2022)
Official Document
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