OR SB1525

Establishes the Blue Economy Task Force with at least 13 members, including one state Senator, one state Representative, and at least 11 members representing research institutions, blue economy businesses, fisheries, tourism, environmental organizations, and equity investors

Task force must study Oregon's blue economy sectors, existing development strategies, and opportunities to grow sustainable ocean-related businesses while protecting coastal ecosystems

Report due to Legislative Assembly by September 15, 2027, with recommendations on policy, investment, workforce development, research, and regulatory coordination, including a potential roadmap for establishing a center for the blue economy

Authorizes the Oregon Ocean Science Trust to create and maintain a 501(c)(3) nonprofit organization to advance its mission

Takes effect on the 91st day after the 2026 legislative session adjourns; task force provisions expire December 31, 2027