Relating to mass transit districts initiated by resolution; prescribing an effective date.

HB 4023 restores voter approval requirements for most financing methods used by Oregon mass transit districts formed under specific resolutions. It prohibits districts from using any financing method under ORS 267.300 (except methods (b) or (h)-(j)) without first holding a public election. Existing financing ordinances adopted after January 1, 2026, are suspended until voters approve them. The bill takes effect 91 days after the 2026 legislative session ends.