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OR SB110

Bill

Status

Passed

7/2/2025

Primary Sponsor

Unknown

Origin

Senate

2025 Legislative Measures

AI Summary

  • Increases the minimum estimated cost threshold for a "major league stadium" in Portland from $300 million to $2 billion to qualify for state incremental baseball tax revenue grants

  • Raises the maximum total state grant payment cap from $150 million to $800 million for developing, constructing, and furnishing a Major League Baseball stadium, plus actual financing costs

  • Doubles the compensation threshold defining "member of a professional athletic team" from $50,000 to $100,000 annually for purposes of calculating incremental baseball tax revenues

  • Grant agreements allow the state to redirect Oregon personal income taxes paid by MLB team members and their spouses to stadium financing for up to 30 years

  • Requires grant agreements to include provisions for minority-owned, woman-owned, veteran-owned, and emerging small business participation in stadium construction and operation

Legislative Description

Relating to revenue.

Last Action

Effective date, January 1, 2026.

7/2/2025

Committee Referrals

Revenue4/23/2025
Finance and Revenue1/17/2025

Full Bill Text

No bill text available