OR SB1516 | 2018 | Regular Session
Status
Completed Legislative Action
Spectrum: Moderate Partisan Bill (Democrat 20-4)
Status: Passed on April 11 2018 - 100% progression
Action: 2018-04-11 - Effective date, January 1, 2019.
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Moderate Partisan Bill (Democrat 20-4)
Status: Passed on April 11 2018 - 100% progression
Action: 2018-04-11 - Effective date, January 1, 2019.
Text: Latest bill text (Engrossed) [PDF]
Summary
Establishes Small Business Expansion Loan Fund to be administered by Oregon Business Development Department for purpose of making loans of early stage growth capital to individuals and business entities with 50 or fewer employees that may not be able to obtain adequate traditional commercial or private financing to meet operational and growth needs. Provides that no individual loan may be made for amount greater than $2 million. Authorizes Oregon Business Development Commission to transfer moneys in Oregon Business Development Fund to Small Business Expansion Loan Fund when reasonable and financially appropriate for purpose of making loans under Act.
Title
Relating to a small business expansion loan fund.
Sponsors
Roll Calls
2018-03-03 - House - House Third Reading (Y: 55 N: 3 NV: 0 Abs: 2) [PASS]
2018-03-01 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2018-02-28 - Senate - Senate Committee Do pass with amendments to the A-Eng bill. (Printed B-Eng.) (Y: 18 N: 1 NV: 0 Abs: 4) [PASS]
2018-02-07 - Senate - Senate Committee Do pass with amendments. Refer to Ways and Means by prior reference. (Printed A-Eng) (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
2018-03-01 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2018-02-28 - Senate - Senate Committee Do pass with amendments to the A-Eng bill. (Printed B-Eng.) (Y: 18 N: 1 NV: 0 Abs: 4) [PASS]
2018-02-07 - Senate - Senate Committee Do pass with amendments. Refer to Ways and Means by prior reference. (Printed A-Eng) (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-04-11 | Senate | Effective date, January 1, 2019. |
| 2018-04-11 | Senate | Chapter 71, 2018 Laws. |
| 2018-04-03 | Senate | Governor signed. |
| 2018-03-06 | House | Speaker signed. |
| 2018-03-06 | Senate | President signed. |
| 2018-03-03 | House | Third reading. Carried by Gomberg. Passed. Ayes, 55; Nays, 3--Nearman, Post, Reschke; Excused, 2--Hayden, Heard. |
| 2018-03-02 | House | Second reading. |
| 2018-03-02 | House | Recommendation: Do pass. |
| 2018-03-01 | House | Referred to Ways and Means. |
| 2018-03-01 | House | First reading. Referred to Speaker's desk. |
| 2018-03-01 | Senate | Johnson declared potential conflict of interest. |
| 2018-03-01 | Senate | Rules suspended. Third reading. Carried by Burdick. Passed. Ayes, 29; Excused, 1--Kruse. |
| 2018-03-01 | Senate | Second reading. |
| 2018-03-01 | Senate | Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.) Amendments distributed. |
| 2018-02-28 | Senate | Work Session held. |
| 2018-02-27 | Senate | Returned to Full Committee. |
| 2018-02-27 | Senate | Work Session held. |
| 2018-02-26 | Senate | Assigned to Subcommittee On Transportation and Economic Development. |
| 2018-02-08 | Senate | Referred to Ways and Means by prior reference. |
| 2018-02-08 | Senate | Recommendation: Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.) |
| 2018-02-07 | Senate | Public Hearing and Work Session held. |
| 2018-02-05 | Senate | Referred to Business and Transportation, then Ways and Means. |
| 2018-02-05 | Senate | Introduction and first reading. Referred to President's desk. |
| 2018-01-22 | Senate | Presession Released to the Public. |
