Oregon legislation · 2025 Legislative Measures
Oregon HB2725: Relating to the inclusion of ports in strategic investment program agreements; and prescribing an effective date.
Status: Chaptered, August 7, 2025
Digest: The Act would limit the kind of port district that must be a party to a contract in the strategic investment program. (Flesch Readability Score: 65.2). Limits the kind of port districts that are required to be involved in strategic investment program agreements with respect to eligible projects that are located in the port district's territory. Takes effect on the 91st day following adjournment sine die.
What the bill says
From the enrolled text, June 25, 2025:
83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session House Bill 2725 Sponsored by Representative PHAM H, Senator SOLLMAN; Representatives LIVELY, MCLAIN, SOSA, WALLAN, Senators MEEK, REYNOLDS (Presession filed.) CHAPTER ................................................. Relating to the inclusion of ports in strategic investment program agreements; creating new provisions; amending ORS 285C.600 and 285C.609; and prescribing an effective date. SECTION 1. ORS 285C.609 is amended to read: 285C.609. (1) A determination under ORS 285C.606 (1) by the Oregon Business Development Commission that a project shall be exempt from property taxation under ORS 307.123 must be requested by official action of the governing body of the county in which the proposed eligible project will be located, taken at a regular or duly called special meeting [thereof] of the governing body. The request shall require approval by the affirmative vote of a majority of [its] the members of the governing body. (2) The governing body of [any Oregon] a county shall forward [appropriate prospective] approved eligible projects to the Oregon Business Development Department for processing. (3) For purposes of this section, for projects located on a federally recognized Oregon Indian reservation, the governing body of a county shall be considered [to be] the governing body of the federally recognized Oregon Indian tribe. (4) The county may not make the request under subsection (1) of this section unless, after a …