Relating to the Oregon Promise program; and declaring an emergency.

Amends Oregon Promise program to remove prohibition on awarding more than $10 million in grants per fiscal year. Makes requirement that person participating in program pay $50 per term in tuition payable by reducing amount of grant awarded, instead of requiring separate payment by person. Requires Higher Education Coordinating Commission to determine prior to start of fall term each academic year whether sufficient moneys exist to award grant to each person who qualifies. Permits commission to limit eligibility to receive grant based on expected family contribution. Permits commission to decrease total amount of grant awarded or increase amount person must pay for each term person receives grant if at any time commission determines that insufficient moneys exist to provide grant to each person who was awarded grant. Permits commission to at any time reduce or eliminate any limitation on eligibility imposed by commission due to shortage of moneys. Allows person to continue to qualify for program if, after being awarded grant, person enters into service with career and technical student organization relating to agriculture or farming that is approved by Department of Education before attending community college. Exempts person serving in Oregon National Guard from requirement to enroll in community college courses within six months of attaining previous highest level of education in order to qualify for Oregon Promise grant, provided that person enrolls in community college courses within six months of completing initial active duty training. Allows commission, upon showing of significant hardship, to waive requirement that in order to qualify for program person start attending classes at community college within six months after person completed previous highest level of education. Declares emergency, effective on passage.