Oregon Senate Bill 975 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on June 25 2023 - 100% progression
Action: 2023-06-25 - In committee upon adjournment.
Text: Latest bill text (Introduced) [PDF]

Requires Department of Revenue to study use of tax increment financing revenue received by urban renewal agency to finance infrastructure outside urban renewal area to compensate for displacement of persons by urban renewal agency's projects within area. Requires Department of Revenue to study use of tax increment financing revenue received by urban renewal agency to finance infrastructure outside urban renewal area to compensate for displacement of persons by urban renewal agency's projects within area. Directs department to submit report to interim committees of Legislative Assembly related to revenue not later than September 15, 2024.

Relating to urban renewal.

Sen. Kayse Jama [D]

Date	Chamber	Action
2023-06-25	Senate	In committee upon adjournment.
2023-02-23	Senate	Referred to Finance and Revenue.
2023-02-22	Senate	Introduction and first reading. Referred to President's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2023R1/Measures/Overview/SB975
Text	https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/SB975/Introduced
Supplement	https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureAnalysisDocument/74546