Bill > SB828

This bill establishes the Grid Resilience Matching Fund in the State Treasury, which is a dedicated financial resource designed to support electricity infrastructure improvements. The fund will be comprised of moneys appropriated by the Legislative Assembly and potentially from other sources, and will be continuously appropriated to the State Department of Energy. The primary purpose of the fund is to provide state matching funds that can help leverage federal grant funding for grid resilience projects, which are efforts to improve the reliability and durability of the electrical power system. The bill requires the State Department of Energy to report to legislative committees every two years about how the fund's moneys have been spent and the status of grid resilience projects that have received funding. Additionally, the department is authorized to develop administrative rules to manage the fund. By creating this matching fund, the bill aims to enhance Oregon's ability to secure federal grants and improve the state's electrical infrastructure against potential disruptions or challenges.

Agriculture and Natural Resources, Budget and Finance

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB828