This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Joint Committee on Ways and Means Subcommittee on Transportation and Economic Development convened on March 18, 2025, to discuss critical funding issues affecting Oregon's economic landscape. Key discussions centered around the restoration of funding for several initiatives vital to the state's infrastructure and economic growth.

One significant topic was the Oregon Metals Initiative (OMI), which advocates for the restoration of $2 million per biennium in funding. Proponents, including John Parmigiani from Oregon State University, emphasized the program's role in supporting local metal fabricators through innovative projects like AI-assisted robotic welding. Parmigiani highlighted the initiative's importance in providing hands-on research opportunities for students and fostering partnerships with industry, which are crucial for enhancing education and addressing environmental concerns related to manufacturing.
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Jenna Jones, representing the League of Oregon Cities, urged the committee to increase funding for the Special Public Works Fund from the proposed $60 million to $100 million. This funding is essential for cities to develop infrastructure such as water systems and roads, which are necessary for economic growth and housing development. Jones also advocated for increased funding for the Industrial Site Loan Fund and brownfields redevelopment, stressing the need for financial resources to support local economies.

Duke Shepherd from Oregon Business and Industry echoed these sentiments, calling for enhanced funding for brownfields rehabilitation and industrial land infrastructure. He pointed out the challenges faced by the agency managing these funds, suggesting that its capacity has been stretched too thin across various responsibilities, which could hinder effective economic development strategies.

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Dana Hepper from the Children's Institute presented a compelling case for the Child Care Infrastructure Fund, which aims to address the shortage of childcare facilities in Oregon. Hepper requested replenishment of the fund to its original $50 million, highlighting the significant demand for childcare services and the positive impact of previous funding on expanding childcare slots across the state.

Lastly, Lisa Buzenovich from the Oregon Bioscience Association advocated for continued support for bioscience initiatives, emphasizing the sector's substantial economic impact and the need for Oregon to remain competitive with other states investing heavily in this area.

The meeting underscored the urgent need for increased funding across various sectors to support Oregon's infrastructure, economic development, and community needs. The committee's decisions in the coming weeks will be pivotal in shaping the state's economic future.

Converted from Joint Committee On Ways and Means Subcommittee On Transportation and Economic Development 03/18/2025 3:00 PM meeting on March 18, 2025
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