Bill Text: OR SB241 | 2013 | Regular Session | Amended

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Relating to commercialization of university-based research.

Spectrum: Committee Bill

Status: (Passed) 2013-08-21 - Effective date, January 1, 2014. [SB241 Detail]

Download: Oregon-2013-SB241-Amended.html

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     77th OREGON LEGISLATIVE ASSEMBLY--2013 Regular Session

SA to SB 241

LC 1109/SB 241-5

                      SENATE AMENDMENTS TO
                         SENATE BILL 241

              By JOINT COMMITTEE ON WAYS AND MEANS

                             July 1

  On page 1 of the printed bill, line 2, after 'research ' insert
a period and delete the rest of the line.
  Delete lines 4 through 28 and delete page 2 and insert:
  '  { +  SECTION 1. + }  { + For the purposes of sections 1 and
2 of this 2013 Act, 'Oregon Solutions Network' means the Oregon
Solutions Network established pursuant to Executive Order 11-12
dated December 16, 2011, including but not limited to regional
advisory committees and regional solutions centers within the
network. + }
  '  { +  SECTION 2. + }  { + (1) The Oregon Business Development
Department shall facilitate regional collaboration among the
University of Oregon, Oregon State University and the Oregon
Solutions Network in Lane, Linn and Benton Counties, for the
purpose of assisting technology-based, start-up businesses in
this state whose primary purpose is to commercialize
university-based or university-assisted research and to increase
the number of, and ensure the retention of, such businesses in
the region.
  ' (2) The collaboration under subsection (1) of this section
shall include, but not be limited to, the following:
  ' (a) Providing financial assistance to programs, entities and
providers of technical business development and creation
assistance and providing support to technology-based, start-up
businesses whose primary purpose is to commercialize
university-based or university-assisted research.
  ' (b) Identifying and recruiting entrepreneurial talent,
qualified investors and other sources of capital.
  ' (c) Acquiring, procuring, furnishing or improving facilities
in or near Lane, Linn or Benton Counties, as identified by the
University of Oregon, Oregon State University and the Oregon
Solutions Network, for the operation or support of businesses
receiving assistance under this section, signature research
centers and other businesses, programs and entities involved in
the commercialization of university-based or university-assisted
research.
  ' (d) Establishing, connecting or expanding support programs,
directly or indirectly, that provide assistance to
technology-based, start-up businesses whose primary purpose is to
commercialize university-based or university-assisted research
within and outside the region.
  ' (3) The department may enter into contracts and agreements
with the University of Oregon, Oregon State University and the
Oregon Solutions Network for the purpose of implementing and
accomplishing the objectives set forth in subsection (2) of this
section.
  ' (4) The department shall adopt rules to implement the
provisions of this section. + }
  '  { +  SECTION 3. + }  { + The Oregon Business Development
Department, the University of Oregon, Oregon State University and
the Oregon Solutions Network shall report to the committees of
the 2015 regular session of the Legislative Assembly related to
business and economic development regarding the implementation of
section 2 of this 2013 Act. + } ' .
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