SB 921 Oregon Senate · 2025 Regular Session

Relating to shipyards.

Summary

] [ Requires the Oregon Business Development Department to study needed investments in shipyards. Directs the department to submit findings to the interim committees of the Legislative Assembly related to economic development not later than September 15, 2026. ] [ Sunsets on January 2, 2027. ] Authorizes the Oregon Infrastructure Finance Authority to approve a loan to the Oregon International Port of Coos Bay for shipyard repairs. Allocates moneys from the Administrative Services Economic Development Fund for the purpose of making the loan.

Issues: ✓ Transportation

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 21, 2025 Last action Jun 28, 2025

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What changed between versions

Introduced → A-Engrossed · 5 edits

MODERATE

The bill was substantially rewritten to shift from requiring a study of shipyard investments to authorizing a specific loan for marine way repairs at Charleston Shipyard. The original study requirement and sunset provision were removed, while new funding allocations and loan authority were added.

Scope change

The bill's scope changed from a general study requirement to a specific loan authorization for one port project.

REQUIREMENT

Removed the requirement for OBDD to study shipyard investments and submit findings by September 15, 2026.

Added provision for unexpended funds to revert to the Administrative Services Economic Development Fund on July 1, 2027.

TIMELINE

Removed the sunset provision that would have ended the bill's effect on January 2, 2027.

ELIGIBILITY

Added specific authorization for the Oregon Infrastructure Finance Authority to approve a loan to the Oregon International Port of Coos Bay for marine way repairs at Charleston Shipyard.

FISCAL

Added $1,500,000 allocation from the Administrative Services Economic Development Fund for the loan purpose.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 28, 2025

Upper · Passed

In committee upon adjournment.

upper

Mar 24, 2025

Committee

Referred to Ways and Means by order of the President.

upper

Mar 24, 2025

Upper · Passed

Recommendation: Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.)

upper

Jan 21, 2025

Committee

Referred to Labor and Business.

upper

Jan 21, 2025

Introduced

Introduction and first reading. Referred to President's desk.

upper

2 primary · 0 co-sponsors