Bill > HB2184

This bill directs the State Treasurer to issue general obligation bonds for the Hood River-White Salmon Bridge replacement project across two separate biennia (two-year budget periods). In the biennium starting July 1, 2025, the State Treasurer will issue bonds that will generate $75 million in net proceeds for the bridge project, with an additional amount to cover bond-related costs. Then, in the biennium beginning July 1, 2027, the State Treasurer will issue another set of bonds that will produce $30 million in net proceeds for the same bridge replacement project, again with an additional amount to cover bond-related costs. These bond authorizations are in addition to, and not in place of, existing bond authorization under Oregon Revised Statutes (ORS) 286A.035, and they are issued under the authority granted by Article XI, section 7 of the Oregon Constitution, which allows for the issuance of general obligation bonds.

Budget and Finance, Transportation and Infrastructure

https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2184