OregonHB 23482025 Regular SessionHouseWALLET

Relating to economic development programs.

Sponsored By: Sponsor information unavailable

Became Law

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

5 provisions identified: 2 benefits, 0 costs, 3 mixed.

Bigger brownfield cleanup help with rules

Beginning January 1, 2021, owners can get forgivable loans for brownfield cleanup up to 50% of eligible costs or $250,000. You can add up to two enhancements, each up to 25% of costs or $125,000, for things like public EV charging, affordable housing, parks, health care sites, high‑poverty or rural areas, or wildfire sites. The total help cannot be more than 100% of costs or $500,000. To get forgiveness, you must submit documents and sign an affidavit showing required cleanup is done and any enhancement conditions were met. If the loan is not forgiven, you must repay it over five years at the bank prime rate.

More groups can get child care funds

More providers and groups now qualify for child care infrastructure help. Eligible applicants include family child care providers, certified centers, nonprofit or private operators, Oregon tribes, and groups that support or run public early learning programs. Culturally specific programs can also apply. The state may name other eligible applicants by rule.

More port grants and flexible loans

Ports can get limited grants for capital projects and dredging. Each year, up to 5% of the Port Revolving Fund’s assets (as of July 1) and available repayments or net income can move to a fund for port planning and marketing grants. The business department sets who can get these grants and how much. For flexible manufacturing space projects, the finance authority can approve no interest to accrue until the building is 25% occupied or three years after the loan date, whichever comes first.

Water loans, grants, and new meters

The state mainly offers loans to towns for water projects when they can repay. It gives grants instead when repayment is not feasible because of hardship or special cases. Grants can also fund sustainable technology, asset planning, regional water planning, and outside technical help. Projects that use this money must put meters on new service connections. Each town that gets help must adopt a plan to meter all service connections within two years after the project is done.

New rules for Oregon Growth Board

The state updates how the Oregon Growth Board is built and appointed. The board now has nine voting members, including the State Treasurer, plus one to three nonvoting members. The Governor appoints eight voting members, with balance by party, geography, and experience. Two nonvoting lawmakers from different parties serve if top leaders agree.

Sponsors & Cosponsors

Sponsors

There is no primary sponsor on record.

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 148 • No: 10

House vote 5/27/2025

House concurred in Senate amendments and repassed bill.

Yes: 55 • No: 1

Senate vote 5/14/2025

Third reading. Carried by Bonham. Passed.

Yes: 28 • No: 2

Senate vote 5/6/2025

Labor and Business: Heard and Reported Out with Amendments

Yes: 5 • No: 0

House vote 2/18/2025

Third reading. Carried by Isadore. Passed.

Yes: 51 • No: 7

House vote 2/5/2025

Economic Development, Small Business, and Trade: Heard and Reported Out

Yes: 9 • No: 0

Actions Timeline

  1. Chapter 253, (2025 Laws): Effective date January 1, 2026.

    6/19/2025House
  2. Governor signed.

    6/3/2025House
  3. President signed.

    5/29/2025Senate
  4. Speaker signed.

    5/28/2025House
  5. House concurred in Senate amendments and repassed bill.

    5/27/2025House
  6. Third reading. Carried by Bonham. Passed.

    5/14/2025Senate
  7. Carried over to 05-14 by unanimous consent.

    5/13/2025Senate
  8. Second reading.

    5/12/2025Senate
  9. Recommendation: Do pass with amendments. (Printed A-Eng.)

    5/9/2025Senate
  10. Work Session held.

    5/6/2025Senate
  11. Public Hearing held.

    4/24/2025Senate
  12. Referred to Labor and Business.

    2/21/2025Senate
  13. First reading. Referred to President's desk.

    2/20/2025Senate
  14. Third reading. Carried by Isadore. Passed.

    2/18/2025House
  15. Carried over to February 18, 2025 Calendar by virtue of adjournment.

    2/13/2025House
  16. Second reading.

    2/11/2025House
  17. Recommendation: Do pass.

    2/7/2025House
  18. Work Session held.

    2/5/2025House
  19. Public Hearing held.

    1/29/2025House
  20. Referred to Economic Development, Small Business, and Trade.

    1/17/2025House
  21. First reading. Referred to Speaker's desk.

    1/13/2025House

Bill Text

  • Enrolled

    5/27/2025

  • A-Engrossed

    5/9/2025

  • Senate Amendments to Introduced

    5/9/2025

  • SLB Amendment -1 (Adopted)

    5/6/2025

  • SLB Amendment -1 (Proposed)

    5/1/2025

  • SLB Amendment -1 (Proposed)

    4/29/2025

  • SLB Amendment -1 (Proposed)

    4/24/2025

  • Introduced

    1/10/2025

Related Bills

Back to State Legislation