OregonRelating to support loans for small business activity in this state; declaring an emergency.
What it does
Directs the State Treasurer to develop and implement a small business support loan program that aids in supporting the economic activities of small businesses during times in which small businesses cannot conduct business activities at an ordinary or customary level because of a statewide or regional emergency or other significant disruption of business activity. Specifies the structure and funding for the program and describes features that the program must include. Specifies eligibility for small business support loans.
More detail
Authorizes the State Treasurer to issue bonds to fund the program. Establishes the Small Business Support Loan Fund. Declares an emergency, effective on passage.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Jun 28In committee upon adjournment.Latest
- Jan 17Referred to Economic Development, Small Business, and Trade with subsequent referral to Ways and Means.Minor
- Jan 13First reading. Referred to Speaker's desk.Introduced