OR HB2351

Expands public records exemptions for economic development applications to protect financial statements, customer lists, production/sales/cost data, and marketing strategy information submitted by businesses or proposed beneficiaries seeking grants, loans, or assistance from state and local economic development agencies

Strengthens enterprise zone reporting requirements by requiring county assessors to submit standardized written reports to the Department of Revenue on exempt property values, employee counts, and wages, with the Department of Revenue prescribing the report format in consultation with local zone managers

Requires certified business firms in rural enterprise zones to notify county assessors and zone sponsors of compliance or non-compliance with investment and employment requirements, and mandates zone sponsors submit annual reports on employee counts, wages, and community payments

Allows the Oregon Business Development Department to request state-appraised industrial property valuation information from the Department of Revenue for properties exempt under enterprise zone or strategic investment programs

Takes effect 91 days after the 2025 legislative session adjourns, with a required interagency agreement between the Department of Revenue and Oregon Business Development Department within 90 days to establish information-sharing protocols