Relating to levee projects; declaring an emergency.

HB 3980 expands eligibility for state financial assistance to help fund levee projects, specifically adding cities and towns (municipalities) as qualifying recipients alongside existing groups like drainage districts and private entities. The bill requires that levee projects receiving assistance must substantially improve infrastructure and be essential for farm, industrial, or commercial land use in Oregon. It amends state law to include municipalities in the list of eligible applicants for loans or grants under the Oregon Infrastructure Finance Authority. The bill declares an emergency, making it effective immediately upon passage to address urgent flood protection needs.