Oregon House Bill 2641 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 5-0)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Modifies requirement that start-up businesses that may be assisted by regional collaboration facilitated by Oregon Business Development Department have as purpose commercialization of university-based or university-assisted research and increasing number, and ensuring retention, of such businesses. Appropriates moneys to Oregon Business Development Department for direct distribution pro rata to Oregon State University Advantage Accelerator (OSU Advantage) and Regional Accelerator & Innovation Network (RAIN Eugene) and requires equal match. Provides that start-up businesses assisted with appropriated moneys must be traded sector businesses or businesses with traded sector potential, with stated exceptions. Requires OSU Advantage and RAIN Eugene each to submit report to interim legislative committees related to economic development on or before September 15, 2020, setting forth specified metrics related to their assistance to start-up businesses. Declares emergency, effective on passage.

Relating to entrepreneurial ecosystem development programs located outside Metro; declaring an emergency.

Rep. Nancy Nathanson [D]	Sen. Leslee Beyer [D]	Rep. Paul Holvey [D]	Sen. James Manning [D]
Sen. Floyd Prozanski [D]

Date	Chamber	Action
2019-06-30	House	In committee upon adjournment.
2019-02-20	House	Public Hearing held.
2019-01-15	House	Referred to Economic Development with subsequent referral to Ways and Means.
2019-01-14	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2019R1/Measures/Overview/HB2641
Text	https://olis.oregonlegislature.gov/liz/2019R1/Downloads/MeasureDocument/HB2641/Introduced