Bill Text: OR SB234 | 2013 | Regular Session | Introduced

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Bill Title: Relating to the Oregon Growth Board; declaring an emergency.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Failed) 2013-07-08 - In committee upon adjournment. [SB234 Detail]

Download: Oregon-2013-SB234-Introduced.html

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     77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular Session

NOTE:  Matter within  { +  braces and plus signs + } in an
amended section is new. Matter within  { -  braces and minus
signs - } is existing law to be omitted. New sections are within
 { +  braces and plus signs + } .

LC 2012

                         Senate Bill 234

Sponsored by Senator HASS, Representative READ (Presession
  filed.)

                             SUMMARY

The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.

  Creates Oregon Growth Board Task Force. Sunsets task force on
June 30, 2015.
  Declares emergency, effective on passage.

                        A BILL FOR AN ACT
Relating to the Oregon Growth Board; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
  SECTION 1.  { + (1) The Oregon Growth Board Task Force is
established, consisting of 10 members appointed as follows:
  (a) The President of the Senate shall appoint two members from
among members of the Senate.
  (b) The Speaker of the House of Representatives shall appoint
two members from among members of the House of Representatives.
  (c) The Governor shall appoint four members as follows:
  (A) One member with experience in banking;
  (B) One member with experience in credit union operations;
  (C) One member with experience managing investments; and
  (D) One member with experience as a small business employer in
this state.
  (d) The Director of the Oregon Business Development Department
shall appoint one member who represents the Oregon Business
Development Department.
  (e) The State Treasurer shall appoint one member who represents
the State Treasurer.
  (2) The task force shall:
  (a) Make recommendations to the Legislative Assembly regarding
the formation, functions, duties and powers of the Oregon Growth
Board, including but not limited to its interaction and
cooperation with the Oregon Investment Council created under ORS
293.706 and the Oregon Growth Account Board established under ORS
348.707.
  (b) Prepare an inventory of all state administered and
supported programs or projects that provide or enhance access to
capital for Oregon businesses.
  (c) Determine the factors that would enhance or limit access to
capital for Oregon businesses.
  (d) Study and identify private sector investment incentives
that would increase access to capital for Oregon businesses,
enhance job creation and further economic development in this
state.
  (e) Research the financial services and types of assistance and
support needed by Oregon businesses to increase their access to
capital in this state.
  (f) Research and determine the type of actions,
responsibilities and resources that could be taken or provided by
state and local governments, private industry and research
institutions to enhance access to capital for Oregon businesses.
  (3) The task force may make recommendations to the Legislative
Assembly regarding findings and determinations made under
subsection (2) of this section.
  (4) A majority of the voting members of the task force
constitutes a quorum for the transaction of business.
  (5) Official action by the task force requires the approval of
a majority of the voting members of the task force.
  (6) The task force shall elect one of its members to serve as
chairperson.
  (7) If there is a vacancy for any cause, the appointing
authority shall make an appointment to become immediately
effective.
  (8) The task force shall meet at times and places specified by
the call of the chairperson or of a majority of the voting
members of the task force.
  (9) The task force may adopt rules necessary for the operation
of the task force.
  (10) The task force shall submit a report in the manner
provided by ORS 192.245, and may include recommendations for
legislation, to the interim committees of the Legislative
Assembly related to economic and business development as
appropriate no later than October 1, 2014.
  (11) The Oregon Business Development Department shall provide
staff support to the task force.
  (12) Members of the task force who are not members of the
Legislative Assembly are not entitled to compensation, but may be
reimbursed for actual and necessary travel and other expenses
incurred by them in the performance of their official duties in
the manner and amounts provided for in ORS 292.495. Claims for
expenses incurred in performing functions of the task force shall
be paid out of funds appropriated to the Oregon Business
Development Department for purposes of the task force.
  (13) All agencies of state government, as defined in ORS
174.111, are directed to assist the task force in the performance
of its duties and, to the extent permitted by laws relating to
confidentiality, to furnish such information and advice as the
members of the task force consider necessary to perform their
duties. + }
  SECTION 2.  { + Section 1 of this 2013 Act is repealed on June
30, 2015. + }
  SECTION 3.  { + This 2013 Act being necessary for the immediate
preservation of the public peace, health and safety, an emergency
is declared to exist, and this 2013 Act takes effect on its
passage. + }
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