OR SB418 | 2019 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Partisan Bill (Democrat 2-0)
Status: Failed on June 30 2019 - 100% progression
Action: 2019-06-30 - In committee upon adjournment.
Text: Latest bill text (Engrossed) [PDF]
Summary
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 academic activities and increasing number, and ensuring retention, of such businesses. 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] academic activities 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.
Title
Relating to entrepreneurial ecosystem development programs located outside Metro; declaring an emergency.
Sponsors
Roll Calls
2019-03-07 - Senate - Senate Committee Do pass with amendments and requesting referral to Ways and Means. (Printed A-Engrossed.) (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2019-06-30 | Senate | In committee upon adjournment. |
| 2019-03-11 | Senate | Referred to Ways and Means by order of the President. |
| 2019-03-11 | Senate | Recommendation: Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.) |
| 2019-03-07 | Senate | Public Hearing and Work Session held. |
| 2019-01-16 | Senate | Referred to Business and General Government. |
| 2019-01-14 | Senate | Introduction and first reading. Referred to President's desk. |
