Bill
Bill > HB3099
summary
Introduced
01/13/2025
01/13/2025
In Committee
03/31/2025
03/31/2025
Crossed Over
Passed
Dead
06/27/2025
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 give funds to the twelve economic development districts in this state so they can get federal matching grants. (Flesch Readability Score: 60.6). Allocates lottery moneys for distribution to the economic development districts in Oregon to be used to receive federal matching grants awarded by the United States Economic Development Ad- ministration. Declares an emergency, effective on passage.
AI Summary
This bill allocates $1,680,000 from the Administrative Services Economic Development Fund over the 2025-2027 biennium to support Oregon's twelve economic development districts. Specifically, each district will receive $70,000 per year, with the explicit purpose of helping these districts secure federal matching grants from the United States Economic Development Administration (EDA), which is part of the U.S. Department of Commerce. The bill includes an emergency clause, which means it will take effect immediately upon passage, emphasizing the urgent nature of supporting economic development initiatives in the state. By providing these funds, the bill aims to help local economic development districts leverage additional federal funding, potentially enhancing economic growth and opportunities across Oregon's regions.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (8)
Bobby Levy (R)*,
Daniel Nguyen (D)*,
Hai Pham (D)*,
Ed Diehl (R),
Mark Meek (D),
Courtney Neron Misslin (D),
Lisa Reynolds (D),
Aaron Woods (D),
Last Action
In committee upon adjournment. (on 06/27/2025)
Official Document
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