Oregon · HB2411

Relating to industrial development.

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Now law

This is now an official law, recorded in the state's law books.

Stage 6 of 6Signature

2
Sponsors: 4
Votes: Aug 13 ’25
Last action

The governor signed it. Nothing left to watch.

Official text

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In plain words

AI summary

Written by AI from the bill text. Check the official text before relying on it.

Description

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>].

Subjects

Capital ConstructionEconomic Development, Small Business, and TradeWays and Means

Progress

IntroducedJan 13, 2025
Sent to committeeJan 17, 2025
Passed the first chamberJun 25, 2025
PassedJun 26, 2025
Became lawAug 13, 2025

From official state and federal legislative records. Informational only, not legal advice.