HB 4042

  • Oregon House Bill
  • 2024 Regular Session
  • Introduced in House Feb 05, 2024
  • House
  • Senate
  • Governor

Relating to economic development; prescribing an effective date.

Abstract

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). Authorizes the Oregon Business Development Department to provide financial assistance to projects related to industrial land. Extends the sunset of the Oregon Industrial Site Readiness Program. Establishes 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. Includes semiconductor-related development activities as an eligible business activity in a city designated for electronic commerce for purposes of the enterprise zone property tax exemption program. Takes effect on the 91st day following adjournment sine die.

Bill Sponsors (0)

Votes


Actions


Mar 08, 2024

House

In committee upon adjournment.

Mar 01, 2024

House

Referred to Ways and Means by prior reference.

Mar 01, 2024

House

Recommendation: Do pass with amendments, be printed B-Engrossed, and be referred to Ways and Means by prior reference.

Feb 28, 2024

House

Work Session held.

Feb 27, 2024

House

Informational Meeting held.

Feb 21, 2024

House

Public Hearing held.

Feb 16, 2024

House

Referred to Revenue by order of Speaker and then Ways and Means by prior reference.

Feb 16, 2024

House

Recommendation: Do pass as amended and be printed A-Engrossed, be referred to Revenue, and then referred to Ways and Means by prior reference.

Feb 15, 2024

House

Work Session held.

Feb 06, 2024

House

Public Hearing held.

Feb 05, 2024

House

Referred to Economic Development and Small Business with subsequent referral to Ways and Means.

Feb 05, 2024

House

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
A-Engrossed PDF
B-Engrossed PDF
House Amendments to A-Engrossed PDF
House Amendments to Introduced PDF
Introduced PDF
HECDSB Amendment -1 PDF
HREV Amendment -A3 PDF

Related Documents

Document Format
No related documents.

Sources

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