SB 418

  • Oregon Senate Bill
  • 2019 Regular Session
  • Introduced in Senate Jan 14, 2019
  • Senate
  • House
  • Governor

Relating to entrepreneurial ecosystem development programs located outside Metro; declaring an emergency.

Abstract

Modifies requirement that start-up businesses that may be assisted by regional collaboration facilitated by Oregon Business Development Department have as purpose commercialization of university-based or university-assisted research] academic activities and increasing number, and ensuring retention, of such businesses. Appropriates moneys to Oregon Business Development Department for direct distribution pro rata to Oregon State University Advantage Accelerator (OSU Advantage) and Regional Accelerator & Innovation Network (RAIN Eugene) and requires equal match. Provides that start-up businesses assisted with appropriated moneys must be traded sector businesses or businesses with traded sector potential, with stated exceptions. Requires OSU Advantage and RAIN Eugene each to submit report to interim legislative committees related to economic development on or before September 15, 2020, setting forth specified metrics related to their assistance to start-up businesses. Declares emergency, effective on passage.

Bill Sponsors (2)

Votes


Actions


Jul 01, 2019

Senate

In committee upon adjournment.

Mar 11, 2019

Senate

Referred to Ways and Means by order of the President.

Mar 11, 2019

Senate

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

Mar 07, 2019

Senate

Public Hearing and Work Session held.

Jan 16, 2019

Senate

Referred to Business and General Government.

Jan 14, 2019

Senate

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

Bill Text

Bill Text Versions Format
SBGG Amendment -2 PDF
Senate Amendments to Introduced PDF
Introduced PDF
A-Engrossed PDF

Related Documents

Document Format
No related documents.

Sources

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