Authorizes the Oregon Infrastructure Finance Authority to approve a loan to the Oregon International Port of Coos Bay for shipyard repairs.

Passed Legislature

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

Sponsor: Senator Smith DB,, Anderson
Last action: 2025-06-27
Official status: In Senate Committee
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2025-06-27 Senate
In committee upon adjournment.
2025-03-24 Senate
Recommendation: Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.)
2025-03-24 Senate
Referred to Ways and Means by order of the President.
2025-03-18 Senate
Work Session held.
2025-03-11 Senate
Public Hearing held.
2025-01-21 Senate
Introduction and first reading. Referred to President's desk.
2025-01-21 Senate
Referred to Labor and Business.

Official Summary Text

<b>Digest: This Act says that an agency may loan money to a port for shipyard repairs. (Flesch Readability Score: 78.8).</b>
[<i>Digest: This Act requires OBDD to study shipyards. (Flesch Readability Score: 78.8).</i>]
[<i>Requires the Oregon Business Development Department to study needed investments in shipyards. Directs the department to submit findings to the interim committees of the Legislative Assembly related to economic development not later than September 15, 2026.</i>]
[<i>Sunsets on January 2, 2027.</i>]
<b>Authorizes the Oregon Infrastructure Finance Authority to approve a loan to the Oregon International Port of Coos Bay for shipyard repairs. Allocates moneys from the Administrative Services Economic Development Fund for the purpose of making the loan.</b>
Relating to: Relating to shipyards.
Current location: In Senate Committee