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OR SB752

OR SB752
Relating to statewide economic development plans.


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: The Act would have Business Oregon look at economic plans in the other states. The Act would have the agency submit a report that recommends how to create a plan for Oregon. (Flesch Readability Score: 63.6). Requires the Oregon Business Development Department to review statewide economic develop- ment plans and strategies implemented in the other states and submit a report to the Legislative Assembly that includes recommendations for the creation of a statewide economic development plan for Oregon. Specifies stakeholders with which the department shall consult in the conduct of the study.

AI Summary

This bill requires the Oregon Business Development Department to conduct a comprehensive review of statewide economic development plans and strategies from other states and submit a detailed report to the Legislative Assembly by September 15, 2026. The department must develop recommendations for creating a statewide economic development plan for Oregon through extensive stakeholder consultation. The required stakeholders include representatives from the business community, economic development districts, local economic development organizations, labor organizations, philanthropic organizations, and other relevant groups the department deems appropriate. The bill includes a sunset provision that automatically repeals the study requirement on January 2, 2027, ensuring that the directive is time-limited. The goal of this legislation is to help Oregon learn from other states' approaches to economic development and potentially create a more strategic, comprehensive economic plan tailored to the state's unique needs and opportunities.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

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

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