- Stage
- Became law
- Started in
- House
- Sponsors
- 13
- Latest action
- Sep 25, 2021
What it does
Creates program through which certain lenders may, after competitive RFP process, receive award moneys to fund accounts out of which lenders may be reimbursed for principal losses incurred due to defaults on qualified loans to qualified businesses. Requires lender accepting award to enter into written agreement with Oregon Business Development Department and specifies certain terms of agreements. Sets forth circumstances in which lender may use for any purpose, or be required to repay, balance of award moneys. \tRequires department to develop and implement program to make loans to certain for-profit disadvantaged and emerging small businesses certified by Certification Office for Business…
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- John Lively
- Anna Williams
- Courtney Neron Misslin
- Dacia Grayber
- David Gomberg
- Janeen Sollman
- Janelle Bynum
- Jason Kropf
- Mark Meek
- Maxine Dexter
- Rachel Prusak
- Ricki Ruiz
- Wlnsvey Campos
In the news
Reporting that may mention this subject. Possible matches are labeled.
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Where it goes next
Once a bill is decided, the questions are about what is done with it in Oregon.