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OR SB1110
Bill
Status
Failed
6/27/2025
Primary Sponsor
Lew Frederick
Click for details
AI Summary
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Authorizes $8,750,000 in lottery bond proceeds for distribution to Williams & Russell CDC to develop a business hub in Portland's Albina neighborhood
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The business hub will provide office and retail space for entrepreneurs and community partner organizations
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Funds support small businesses, professional development, workforce training, and economic growth in the area
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Lottery bonds must be issued no later than June 30, 2026, for the biennium beginning July 1, 2025
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Oregon Department of Administrative Services will receive and distribute the net proceeds to the recipient organization
Legislative Description
Relating to the funding of a business hub.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Ways and Means3/31/2025
Labor and Business3/3/2025
Full Bill Text
No bill text available