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Relating to economic development; prescribing an effective date.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

OR HB 4042 · House Bill · 2024R1

Stage
Session ended
Started in
House
Latest action
Mar 8, 2024

What it does

Digest: The Act would promote the use of industrial lands. The Act would let firms develop semiconductors in an e-commerce city in order to get an enterprise zone tax break. (Flesch Readability Score: 60.8). \tAuthorizes the Oregon Business Development Department to provide financial assistance to projects related to industrial land. \tExtends the sunset of the Oregon Industrial Site Readiness Program. \tEstablishes the Industrial Site Loan Fund in the State Treasury. Appropriates moneys for deposit in the fund for the purpose of funding financial assistance to industrial land projects. \tIncludes semiconductor-related development activities as an eligible business activity in a city…

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Done)

  2. Committee (Current step)

    In committee · Mar 8, 2024

  3. Floor (Needs attention)

    The session ended first

  4. Law (Not started)

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In the news

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Where it goes next

While a bill can still move, the questions are about people and money in Oregon.

Work with this bill

Relating to economic development; prescribing an effective date. | 52