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OR HB2878

Bill

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Paul Evans

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Authorizes the State Treasurer to issue general obligation bonds under Article XI-E of the Oregon Constitution producing up to $500 million in net proceeds, plus additional amounts for bond-related costs, for the biennium beginning July 1, 2025
  • Directs the State Forestry Department to establish a Strategic Carbon Sequestration and Forestry Sustainability Program
  • Requires the State Board of Forestry to appoint an advisory board to guide the program
  • Program must facilitate public-private partnerships for forest management, rehabilitation, and reforestation
  • Program must promote longer-term forest growth cycles and other forest management strategies that sequester carbon

Legislative Description

Relating to carbon sequestration.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Climate, Energy, and Environment1/17/2025

Full Bill Text

No bill text available