Relating to economic development; prescribing an effective date.
Summary
Digest: The Act would change the tax credit for semiconductor research. The Act would set up and change some tax breaks for advanced manufacturing, enterprise zones and regionally significant industrial sites. The Act would direct certain state agencies to set up deadlines to process applications for permits and to make the deadlines public. The Act would make those agencies, no later than 60 days after the date on which the Act becomes law, publish a list of the permits that they issue. Modifies the tax credit allowed for semiconductor research. Creates and amends certain programs offering tax breaks related to advanced manufacturing, enterprise zones and regionally significant industrial sites. Directs certain state agencies to establish deadlines within which the agency intends to process applications for permits and make the deadlines available to the public. Directs certain state agencies to publish a catalog of permits issued by the agency within 60 days after the effective date of the Act. Adds rural reserves in Washington County to Metro to be used for high-technology and advanced manufacturing purposes. Takes effect on the 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2026
Committee Review
Floor Vote
Governor
Introduced Feb 2, 2026
Last action Mar 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
1
Committee
2
Mar 7, 2026
Upper · Passed
In committee upon adjournment.
upper
Feb 2, 2026
Committee
Referred to Finance and Revenue.
upper
Feb 2, 2026
Introduced
Introduction and first reading. Referred to President's desk.
upper
14 primary · 16 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Anthony Broadman
DDemocratic
P
April Dobson
DDemocratic
P
Bruce Starr
RRepublican
P
Cyrus Javadi
DDemocratic
P
Daniel Nguyen
DDemocratic
P
David Smith
RRepublican
P
Dick Anderson
RRepublican
P
Hai Pham
DDemocratic
P
Janeen Sollman
DDemocratic
P
Kayse Jama
DDemocratic
P
Kim Wallan
RRepublican
P
Mark Meek
DDemocratic
P
Paul Evans
DDemocratic
P
Vikki Breese Iverson
RRepublican
Co
Bobby Levy
RRepublican
Co
Darcey Edwards
RRepublican
Co
Emily McIntire
RRepublican
Co
Jeff Helfrich
RRepublican
Co
John Lively
DDemocratic
Co
Kim Thatcher
RRepublican
Co
Lew Frederick
DDemocratic
Co
Lisa Reynolds
DDemocratic
Co
Mari Watanabe
DDemocratic
Co
Matt Bunch
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about SB 1586
Scope: OR
Hi! I can help you understand SB 1586. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline