Bill > SB66

This bill authorizes the Oregon Business Development Department to conduct a comprehensive survey of existing state loan and grant programs aimed at identifying potential gaps in economic development funding. The department is specifically directed to submit a detailed report of its findings to the interim legislative committees focused on economic development by September 15, 2026. The report may include legislative recommendations to address any discovered funding access issues. The survey provision is temporary and will be automatically repealed on January 2, 2027. The bill includes an emergency clause, which means it will take effect immediately upon passage, highlighting the perceived urgency of assessing the state's economic development financial resources. By conducting this survey, the bill seeks to provide policymakers with insights into potential barriers or shortcomings in current economic development funding programs, potentially setting the stage for future legislative improvements.

Business and Industry

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB66