HB2411
Authorizes the Oregon Business Development Department to provide financial assistance to projects related to industrial land.
In one sentence
Digest: The Act would allow the state to aid sponsors with the financing of industrial land projects.
What it does
- Digest: The Act would allow the state to aid sponsors with the financing of industrial land projects.
- (Flesch Readability Score: 63.6).
- Authorizes the Oregon Business Development Department to provide financial assistance to projects related to industrial land.
- Establishes the Industrial Site Loan Fund in the State Treasury.
Who it affects
Not clearly identified in the stored source.
Limits and unknowns
- This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.
Official record
Sources
Official summary
Digest: The Act would allow the state to aid sponsors with the financing of industrial land projects. (Flesch Readability Score: 63.6). Authorizes the Oregon Business Development Department to provide financial assistance to projects related to industrial land. Establishes the Industrial Site Loan Fund in the State Treasury. [<i>Allocates lottery funds for deposit in the fund for the purpose of funding financial assistance to industrial land projects.</i>]. Relating to: Relating to industrial development. Current location: Chapter Number Assigned
Official activity
Bill history
- Chapter 566, (2025 Laws): Effective date January 1, 2026.House
- Governor signed.House
- Speaker signed.House
- President signed.Senate
- Recommendation: Do pass the A-Eng. bill.Senate
- Second reading.Senate
- Rules suspended. Third reading. Carried by McLane. Passed. Ayes, 28; Nays, 1--Robinson; Excused, 1--Thatcher.Senate
- Third reading. Carried by Nguyen D. Passed. Ayes, 46; Absent, 1--Chotzen; Excused, 7--Cate, Harbick, Helfrich, Nguyen H, Reschke, Wallan, Yunker; Excused for Business of the House, 6--Boshart Davis, Drazan, Javadi, Scharf, Smith G, Speaker Fahey.House
- First reading. Referred to President's desk.Senate
- Referred to Ways and Means.Senate
- Recommendation: Do pass with amendments and be printed A-Engrossed.House
- Second reading.House
- Work Session held.House
- Returned to Full Committee.House
- Work Session held.House
- Assigned to Subcommittee On Capital Construction.House
- Recommendation: Do pass and be referred to Ways and Means by prior reference.House
- Referred to Ways and Means by prior reference.House
- Work Session held.House
- Public Hearing held.House