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Bill > HB2521


OR HB2521

OR HB2521
Relating to veteran-owned small businesses; declaring an emergency.


summary

Introduced
01/13/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead
06/27/2025

Introduced Session

2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: Makes ODVA do a study on the status of small businesses owned by veterans. Tells ODVA to submit a report on its findings. (Flesch Readability Score: 66.4). Requires the Department of Veterans’ Affairs to conduct a statewide study on the status of small businesses owned by veterans. Directs the department to submit a report on the study to the interim committees of the Legislative Assembly related to veterans no later than November 1, 2026. Sunsets January 2, 2027. Declares an emergency, effective on passage.

AI Summary

This bill requires the Oregon Department of Veterans' Affairs (ODVA) to conduct a comprehensive statewide study on veteran-owned small businesses, focusing on identifying challenges these businesses face in expansion and obtaining capital. The department must collaborate with the Oregon Business Development Department to complete this research and will be required to submit a detailed report to legislative committees related to veterans by November 1, 2026. The study aims to develop recommendations for improving support and opportunities for veteran entrepreneurs in Oregon. The bill includes a sunset provision that will automatically repeal the study requirement on January 2, 2027, and contains an emergency clause, meaning it will take effect immediately upon passage. The goal of the legislation is to better understand and address the unique needs of veteran-owned small businesses, potentially paving the way for targeted support and policy improvements in the future.

Committee Categories

Military Affairs and Security

Sponsors (1)

Last Action

In committee upon adjournment. (on 06/27/2025)

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