Loading chat...
OR HB4084
Bill
AI Summary
-
Establishes a 14-member Joint Permitting Council within the Governor's office to administer a fast track permitting program for large economic development projects, with capital investment thresholds of $150 million (metro areas), $100 million (other urban areas), or $50 million (nonurban counties), limited to 15 concurrent projects.
-
Requires seven state agencies (Transportation, Land Conservation, Energy, State Lands, Environmental Quality, Water Resources, and Agriculture) to publish within 120 days a catalog of permits related to economic development, including processing timelines, fees, and streamlining opportunities.
-
Modifies enterprise zone eligibility criteria by replacing income and unemployment thresholds with broader factors such as economic transition, underutilized industrial land, and local development goals.
-
Extends the maximum property tax exemption period for enterprise zone agreements from two additional years to five additional years (or longer for substantial projects), and allows sponsors to negotiate flexible hiring timelines with businesses.
-
Appropriates $40 million from the General Fund to the Oregon Business Development Department for deposit in the Industrial Site Loan Fund.
Legislative Description
Relating to economic development; and prescribing an effective date.
Last Action
President signed.
3/10/2026