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OR SB768
Bill
AI Summary
- State of Oregon will provide a 50% match for donations of $10,000 or more to the Oregon State University Foundation designated for agricultural research with emphasis on cereal grains
- Total state matching contributions capped at $3,000,000 per biennium
- Donors may reach the $10,000 threshold through a series of smaller donations, with the state match triggered once cumulative donations reach that amount
- Higher Education Coordinating Commission must establish an agreement with OSU Foundation to track and verify qualifying donations
- OSU Foundation required to submit annual reports by October 1 to the State Treasurer and Oregon Wheat Commission detailing use of donated and matched funds
- Appropriates $3,000,000 from the General Fund to the Higher Education Coordinating Commission for the biennium beginning July 1, 2025
Legislative Description
Relating to agricultural research.
Last Action
In committee upon adjournment.
6/27/2025
Committee Referrals
Ways and Means3/12/2025
Education1/17/2025
Full Bill Text
No bill text available