Bill > SB5525

This bill appropriates funds to the Higher Education Coordinating Commission (HECC) for the 2025-2027 biennium, establishing detailed financial allocations for various educational purposes. The bill provides General Fund appropriations totaling nearly $3.1 billion, covering a wide range of educational initiatives including funding for public universities, community colleges, student support programs like the Oregon Opportunity Grant and Oregon Promise grants, and support for specific institutions like Oregon Health and Science University. The bill also sets maximum expenditure limits for various funding sources, including lottery funds, federal funds (such as American Rescue Plan Act moneys), and specific tax-related funds. Additionally, the bill includes a $11.09 million grant allocation to support Portland State University and Oregon's technical regional universities, aimed at enhancing their long-term financial sustainability and supporting direct admissions work. The bill declares an emergency, meaning it will take effect on July 1, 2025, and is designed to ensure continued financial support and operational stability for higher education institutions across Oregon.

Budget and Finance, Education

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB5525