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OR HB4084

Bill

Status

Enrolled

3/6/2026

Primary Sponsor

Unknown

Origin

House of Representatives

2026 Legislative Measures

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

Committee Referrals

Ways and Means3/4/2026
Capitol Construction2/26/2026
Ways and Means2/23/2026
Revenue2/12/2026
Economic Development, Small Business, and Trade2/2/2026

Full Bill Text

No bill text available