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OR SB713
Bill
Status
Failed
6/27/2025
Primary Sponsor
Chris Gorsek
Click for details
AI Summary
- Authorizes the State Treasurer to issue $15 million in lottery bonds for the biennium beginning July 1, 2025, with proceeds deposited into the Levee Project Grant Fund
- Funds grants for investigating levee adequacy and improving levees to achieve certification and accreditation
- Planning project grants capped at $2 million per applicant per biennium; construction grants limited to 80% of total project cost with 20% matching funds required from applicants
- At least 60% of grant dollars each biennium must assist levee projects in rural or distressed areas
- Declares an emergency with effective date of July 1, 2025; bonds must be issued by June 30, 2026
Legislative Description
Relating to levees; declaring an emergency.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Natural Resources and Wildfire1/17/2025
Full Bill Text
No bill text available