SB 1516

  • Oregon Senate Bill
  • 2018 Regular Session
  • Introduced in Senate Mar 02, 2018
  • Senate
  • House
  • Signed by Governor Apr 03, 2018

Relating to a small business expansion loan fund.

Abstract

Establishes Small Business Expansion Loan Fund to be administered by Oregon Business Development Department for purpose of making loans of early stage growth capital to individuals and business entities with 50 or fewer employees that may not be able to obtain adequate traditional commercial or private financing to meet operational and growth needs. Provides that no individual loan may be made for amount greater than $2 million. Authorizes Oregon Business Development Commission to transfer moneys in Oregon Business Development Fund to Small Business Expansion Loan Fund when reasonable and financially appropriate for purpose of making loans under Act.

Bill Sponsors (24)

Votes


Actions


Apr 11, 2018

Oregon Legislative Assembly

Effective date, January 1, 2019.

Apr 11, 2018

Oregon Legislative Assembly

Chapter 71, 2018 Laws.

Apr 03, 2018

Oregon Legislative Assembly

Governor signed.

Mar 07, 2018

Oregon Legislative Assembly

Speaker signed.

Mar 06, 2018

Oregon Legislative Assembly

President signed.

Mar 03, 2018

Oregon Legislative Assembly

Third reading. Carried by Gomberg. Passed.

Mar 02, 2018

Oregon Legislative Assembly

Second reading.

Mar 02, 2018

Oregon Legislative Assembly

Recommendation: Do pass.

Mar 02, 2018

Oregon Legislative Assembly

Referred to Ways and Means.

Mar 02, 2018

Oregon Legislative Assembly

First reading. Referred to Speaker's desk.

Mar 01, 2018

Oregon Legislative Assembly

Johnson declared potential conflict of interest.

Mar 01, 2018

Oregon Legislative Assembly

Rules suspended. Third reading. Carried by Burdick. Passed.

Mar 01, 2018

Oregon Legislative Assembly

Second reading.

Mar 01, 2018

Oregon Legislative Assembly

Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.) Amendments distributed.

Mar 01, 2018

Oregon Legislative Assembly

Work Session held.

Feb 27, 2018

Oregon Legislative Assembly

Returned to Full Committee.

Feb 27, 2018

Oregon Legislative Assembly

Work Session held.

Feb 26, 2018

Oregon Legislative Assembly

Assigned to Subcommittee On Transportation and Economic Development.

Feb 08, 2018

Oregon Legislative Assembly

Referred to Ways and Means by prior reference.

Feb 08, 2018

Oregon Legislative Assembly

Recommendation: Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.)

Feb 07, 2018

Oregon Legislative Assembly

Public Hearing and Work Session held.

Feb 05, 2018

Oregon Legislative Assembly

Referred to Business and Transportation, then Ways and Means.

Feb 05, 2018

Oregon Legislative Assembly

Introduction and first reading. Referred to President's desk.

Jan 22, 2018

Oregon Legislative Assembly

Presession Released to the Public.

Bill Text

Bill Text Versions Format
Senate Amendments to Introduced PDF
Senate Amendments to A-Engrossed PDF
Introduced PDF
Enrolled PDF
B-Engrossed PDF
A-Engrossed PDF

Related Documents

Document Format
No related documents.

Sources

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