HB 2969 Oregon House · 2025 Regular Session

Relating to economic development.

Summary

] [ Requires the Oregon Business Development Department to study economic development in Oregon. Directs the department to submit a report of the study to the Legislative Assembly no later than September 15, 2026. ] Appropriates moneys for distribution to the Oregon Coast Visitors Association to be used to replicate the success of the 100% Fish Project of the Iceland Ocean Cluster in utilizing fish for nonfood product manufacturing.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 13, 2025 Last action Jun 28, 2025

Maddy AI version diff · 1 comparison

What changed between versions

Introduced → A-Engrossed · 4 edits

MODERATE

The bill was amended to shift from requiring a study of economic development to directly appropriating $840,000 to the Oregon Coast Visitors Association for a specific project using fish to create nonfood products, inspired by Iceland's 100% Fish Project. The original requirement for the Oregon Business Development Department to conduct a study was replaced with direct funding and detailed budget allocations for employee compensation, research, marketing, and working assets.

Scope change

The bill's scope changed from a general economic development study requirement to a targeted funding program for a specific fisheries-based manufacturing project.

REQUIREMENT

Removed requirement for Oregon Business Development Department to conduct an economic development study and submit a report by September 15, 2026.

Added specific budget allocations totaling $840,000 including $200,000 for employee compensation, $300,000 for research and development fees, $70,000 for marketing and communications, and $270,000 for working assets.

FISCAL

Added $840,000 appropriation to Oregon Business Development Department for distribution to Oregon Coast Visitors Association for fish-based nonfood product manufacturing project.

ELIGIBILITY

Changed eligibility from general economic development study to specific project focused on replicating Iceland Ocean Cluster's 100% Fish Project success.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 28, 2025

Lower · Passed

In committee upon adjournment.

lower

Apr 1, 2025

Committee

Referred to Ways and Means by order of Speaker.

lower

Apr 1, 2025

Lower · Passed

Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.

lower

Jan 17, 2025

Committee

Referred to Economic Development, Small Business, and Trade.

lower

Jan 13, 2025

Introduced

First reading. Referred to Speaker's desk.

lower

1 primary · 3 co-sponsors