[{"_1":2,"_87":-5,"_88":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6266874,"mediaKeyId","3084635-9e3783da716849298ad44683f1b9a0a5","parentId",3084635,"title","Senate Labor and Business advances three bills, carries over two pending amendments","audioSeconds",651,"startMs",32000,"endMs",683000,"viewUrl","/Search/View?dp=1&key=3084635-9e3783da716849298ad44683f1b9a0a5&start=32&end=683","thumbnailUrl","https://assets.pipeline.soar.com/3084635-9e3783da716849298ad44683f1b9a0a5/thumbnail_32000.jpg","articleUrl","/articles/6266874/Oregon/Senate-Labor-and-Business-advances-three-bills-carries-over-two-pending-amendments","mediaUrl","https://secure.pipeline.soar.com/6266874-96d8910b44bfcd7420322f00ee0b8fc4/orig.mp4?Expires=1770602542&Signature=mHyS7KwR5hQMNvlI-v2Ybk4wyzc1MOtGTxeskprF4ag2Ysln2z1zq111c7VzOzNBmBU1Y-G~FmCzKwAot-IREhqkFoh9RV01I5vuE7Nt6bczL~uni8SANltcwNJNdDXlmBIZEKZ~LO6YwUsvgUc-2NIq~YkIgxw1uyG6u4xqS3FIUgkx6xrOJbOkaYGlAGK3NeRnG1GCjZ4uxymMVnhhSeYDgetwzqdoOTY0GGUGBOLLAQJI8LDU9JQkSBb1bsgDfCurcXDevMNYZZ2mLG2S1Muo~2Nu0EGmazRzPA~MVMo2~4A4iY87iL6itjab5xo1je4WMXDYuM6f5aN4OyL2wg__&Key-Pair-Id=KUT5TJCACFTXG","author","Oregon Legislature","date","2025-04-22T00:00:00Z","article","The Senate Committee on Labor and Business conducted a series of work sessions April 22 and sent three bills to the Senate floor with \"due pass\" recommendations while carrying others to a future meeting for amendment work.

House Bill 2373A: Committee staff summarized that the measure would create a timeshare sales agent license administered by the Oregon Real Estate Agency, set application qualifications and grounds for revocation. Staff said the measure has \"no revenue impact and a minimal fiscal impact,\" is operative Jan. 1, 2026, and includes an emergency clause making parts effective July 1, 2025. Vice Chair Bonham moved the bill to the floor with a due-pass recommendation; the chair stated there was no objection and the motion passed. Senator Bonham accepted carriage of the bill.

House Bill 3178A: Staff described HB 3178A as requiring sellers in motor-vehicle retail installment or lease transactions to give buyers a disclosure document that includes a 10-calendar-day right to void the transaction under specified circumstances and contact information for the Oregon State Bar and Oregon Department of Justice. Vice Chair Bonham moved the bill to the floor, but committee members learned an amendment requested by the bill sponsor had not been posted. Vice Chair Bonham rescinded his motion and the committee carried HB 3178A over to Thursday, April 24 for the amendment to be posted.

House Bill 3370: Presented by a Go West Credit Union Association representative, the bill would change the time frame for state agencies to share information about deceased members or depositors with financial institutions, allow a credit union board to delegate consideration of reinstatement of an expelled member, and prohibit the board chair from serving on the supervisory committee. Staff said there is no revenue impact and a minimal fiscal impact. Vice Chair Bonham moved HB 3370 to the floor with a due-pass recommendation; the motion passed and Senator Patterson agreed to be carrier.

House Bill 3447: Chair Taylor said Representative McIntyre was preparing an amendment related to nitrous oxide and that sponsors were still seeking votes; the committee carried HB 3447 over to April 24.

House Bill 3724: Staff summarized that the measure directs the Oregon Liquor and Cannabis Commission to expand rules regulating and prohibiting advertising marijuana items to minors. Staff said the bill is operative Jan. 1, 2026. Vice Chair Bonham moved HB 3724 to the floor with a due-pass recommendation; the motion passed and Chair Taylor said she would be the carrier.

Several presenters, including Pam Lovett for Go West Credit Union Association and staff from the Department of Justice and Legislative Revenue Office, appeared to clarify technical fixes and procedural problems with amendments. When a sponsor-provided amendment had not been posted for HB 3178A, the committee rescinded the motion and scheduled a carryover to allow the amendment to be posted and circulated.

The committee closed its work sessions and moved to the informational economy hearing later in the agenda.","mediaType","Video","parentTitle","Senate Committee On Labor and Business 04/22/2025 8:00 AM","oneSentenceSummary","On April 22 the Senate Committee on Labor and Business gave due-pass recommendations for House Bill 2373A (timeshare licensing), House Bill 3370 (credit union technical changes) and House Bill 3724 (marijuana advertising rules) and postponed further action on House Bills 3178A and 3447 to April 24.","taxTitle","Labor and Business, Senate, Committees, Legislative, Oregon","taxId",17989,"location","Oregon","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6266879,"Senate committee hears economists: Portland, Multnomah County face slower growth, housing and fiscal strain",0,673000,"/Search/View?dp=1&key=3084635-9e3783da716849298ad44683f1b9a0a5&start=673&end=673","https://assets.pipeline.soar.com/3084635-9e3783da716849298ad44683f1b9a0a5/thumbnail_673000.jpg","/articles/6266879/Oregon/Senate-committee-hears-economists-Portland-Multnomah-County-face-slower-growth-housing-and-fiscal-strain","https://secure.pipeline.soar.com/6266879-b3cfc4e947d3cb419f50e67479be882b/orig.mp4?Expires=1770602542&Signature=DFz5O1ipIk5byO3knJMnfNx8GZSQF5~RCq6jfI7Kq4KRu5lxJtUciWW~l7X2y~VRSbC3N1MTopPhwcC2OzntjVcuikarSLjFy1b6~Z0BNzp-as7YhUz7LFt47RWEKCYLhY7IGy~mqXZ6Clx4qxhJd9P-grdfNqEcjNuyNukU-gu4SA2X-6YrennNf05jOinB4y7VDhIODtFvlqGBbqHLjo8rA8aUERwHgml1uZxjllfNkUA17DDGyvspfbxUZ6JBx7zGg6RE6gD4V1i4K91tl5GOQXFqjevPlwMwToj4FAQ2kDvQvnQhWqPLsXEbGVFClHChRdsyGoRczHf-cUxBXQ__&Key-Pair-Id=KUT5TJCACFTXG","Senate Committee on Labor and Business Chair Taylor convened an informational hearing April 22 on the 2025 state of the economy for Portland and Multnomah County, where ECONorthwest and state economists described slower population growth, weak job recovery and a decline in housing production that they said could depress local revenues.

The briefing matters because Portland is the state’s largest economic hub and prolonged underperformance in jobs, population and housing production can reduce tax revenues, strain public services and create negative feedback loops that further erode local quality of life and economic competitiveness.

Mike Wilkerson, director of economic research at ECONorthwest, told the committee that the region has shifted from being one of the fastest-growing metros before the pandemic to one of the weakest-performing among the largest U.S. metros. \"The narrative around the doom loop has, I think, disproportionately taken away from the actual message, which is what are the contributing factors to growth in the region?\" Wilkerson said.

Wilkerson emphasized three broad drivers: large structural changes to the economy, an overreliance on population growth as an economic development strategy, and some well-intended policies that produced unintended outcomes. He said domestic migration has been negative for the three Oregon counties in the Portland metro for several years and that a one-time Census methodology change in 2024 increased estimates of international migration without changing underlying domestic trends.

The economists highlighted measurable effects in the housing market. Wilkerson said metro permitting has fallen and the decline is concentrated in multifamily projects: \"multifamily permitting in the City of Portland never achieved the levels seen pre-pandemic and is now at 22% of pre-pandemic permitting levels.\" Statewide housing production targets set by the Oregon Housing Needs Analysis are about 29,500 units per year; Wilkerson said recent permitting totals are roughly half the pace needed, with total permits around 14,400.

Those declines, the presenters said, reduce the construction pipeline and will increase upward pressure on rents. Wilkerson noted that 75% of households earning less than 60% of area median income are already cost-burdened; he warned that reduced delivery will likely worsen affordability for low- and moderate-income renters.

Tax policy and local levies also drew attention. Wilkerson and Legislative Revenue Office analyst Chris Alenek described the state-and-local tax system as tightly interconnected. Alenek told the committee: \"The state and local tax system is very interconnected with the restriction on property taxes.\" Wilkerson pointed to Oregon’s relatively high combined tax burden for a typical household and said Portland’s local tax decisions — including measures that add local income taxes or payroll levies — can affect migration and investment decisions.

Carl Riccadano, chief state economist, summarized the state-level implications: \"As goes Portland, so will go the state.\" Riccadano said Portland’s share of the state economy has grown over decades, so sustained underperformance in the metro would likely weigh on statewide population, GDP and tax revenue growth.

Committee members pressed presenters on longer-term implications and remedies. Senator Pham asked whether Oregon should diversify tax sources; Wilkerson replied, \"I don't know that I would go so far as to say a recommendation. I think it certainly warrants a study to evaluate the trade offs.\" Chair Taylor and other senators discussed how local ballot measures interact with state fiscal capacity and whether changes in the local tax mix risk shifting burdens to state budgets.

Pam Lovett of the Go West Credit Union Association also spoke during the hearing about a technical change in House Bill 3370 that adjusts a notification time frame from 76 days to 75 days; she described it as \"just a technical update to fix that.\" The committee later handled that bill in a separate work session.

The committee requested follow-up data, including more detail on the age and income characteristics of people leaving Multnomah County and Portland, and signaled it may call the presenters back. Chair Taylor closed the informational portion of the hearing and moved on to carryover and work-session business.

Looking ahead, the presenters warned that absent sustained growth or different policy choices, Portland’s trajectory could reduce local revenues, constrain services and make it harder to attract outside investment. The committee carried some bills to future meetings and asked staff to provide additional migration and demographic breakdowns for a later briefing.","ECONorthwest and state economists told the Senate Committee on Labor and Business on April 22 that Portland and Multnomah County have seen slower population and job growth, a sharp drop in multifamily permitting, and a fiscal outlook that could strain local services without policy changes.","actionData","errors"]

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Senate Labor and Business advances three bills, carries over two pending amendments

Senate committee hears economists: Portland, Multnomah County face slower growth, housing and fiscal strain