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HB3210 • 2025

Directs the Oregon Business Development Department to distribute moneys available through the federal State Small Business Credit Initiative to Lit Motors, Inc., to fund the manufacture of electric vehicles in Oregon, with attendant economic benefits.

Directs the Oregon Business Development Department to distribute moneys available through the federal State Small Business Credit Initiative to Lit Motors, Inc., to fund the manufacture of electric vehicles in Oregon, with attendant economic benefits.

Small Business
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Nosse,, Helfrich, Representative Gamba,, Senator Frederick,, Meek,, Prozanski,, Taylor,
Last action
2025-06-27
Official status
In House Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Directs the Oregon Business Development Department to distribute moneys available through the federal State Small Business Credit Initiative to Lit Motors, Inc., to fund the manufacture of electric vehicles in Oregon, with attendant economic benefits.

Digest: The Act would give federal funds marked for small business to Lit Motors, Inc., to fund its making of electric vehicles in this state.

What This Bill Does

  • Digest: The Act would give federal funds marked for small business to Lit Motors, Inc., to fund its making of electric vehicles in this state.
  • (Flesch Readability Score: 62.6).
  • Directs the Oregon Business Development Department to distribute moneys available through the federal State Small Business Credit Initiative to Lit Motors, Inc., to fund the manufacture of electric vehicles in Oregon, with attendant economic benefits.
  • Declares an emergency, effective on passage.

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.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-01-17 House

    Referred to Economic Development, Small Business, and Trade.

  3. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act would give federal funds marked for small business to Lit Motors, Inc., to fund its making of electric vehicles in this state. (Flesch Readability Score: 62.6).
Directs the Oregon Business Development Department to distribute moneys available through the federal State Small Business Credit Initiative to Lit Motors, Inc., to fund the manufacture of electric vehicles in Oregon, with attendant economic benefits.
Declares an emergency, effective on passage.
Relating to: Relating to funding the manufacture of electric vehicles in Oregon; declaring an emergency.
Current location: In House Committee

Current Bill Text

Read the full stored bill text
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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
House Bill 3210
Sponsored by Representatives NOSSE, HELFRICH; Senators FREDERICK, MEEK, PROZANSKI, TAYLOR (Pre-
session filed.)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced. The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: The Act would give federal funds marked for small business to Lit Motors, Inc., to fund
its making of electric vehicles in this state. (Flesch Readability Score: 62.6).
Directs the Oregon Business Development Department to distribute moneys available through
the federal State Small Business Credit Initiative to Lit Motors, Inc., to fund the manufacture of
electric vehicles in Oregon, with attendant economic benefits.
Declares an emergency, effective on passage.
A BILL FOR AN ACT
Relating to funding the manufacture of electric vehicles in Oregon; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
(1) As used in this section, “SSBCI” means the federal State Small Business
Credit Initiative.
(2) For the biennium beginning July 1, 2025, out of the federal moneys made available by
the SSBCI to the Business Oregon Venture Fund Program, the Oregon Business Develop-
ment Department shall distribute, in accordance with the requirements of the SSBCI and
notwithstanding any other requirements for making distributions under the Business Oregon
Venture Fund Program, $2,550,000 to Lit Motors, Inc., to be used in accordance with section
2 of this 2025 Act.
SECTION 2. Lit Motors, Inc., shall use the federal moneys it receives under section 1 of
this 2025 Act toward the following goals:
(1) Manufacturing hyperefficient, safe, practical and fun electric vehicles in Oregon;
(2) Creating high-paying manufacturing jobs in Oregon;
(3) Increasing manufacturing, wages and tax revenues in Oregon;
(4) Attracting, training and retaining a new generation of high-tech workers in Oregon;
and
(5) Enhancing Oregon’s culture and future economic prosperity.
SECTION 3.
This 2025 Act being necessary for the immediate preservation of the public
peace, health and safety, an emergency is declared to exist, and this 2025 Act takes effect
on its passage.
NOTE: Matter in boldfaced type in an amended section is new; matter [ italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 1182