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Committee hears bill to let Business Oregon set cap on port planning grants
Summary
Lawmakers heard public testimony on House Bill 2,415, a committee bill that would remove the $50,000 statutory cap on Port Planning and Marketing Fund grants and let the Oregon Business Development Department set a maximum by rule.
House Committee on Economic Development, Small Business, and Trade members heard public testimony April 2 on House Bill 2,415, a committee bill that would remove the $50,000 statutory cap on Port Planning and Marketing Fund grants and allow the Oregon Business Development Department (Business Oregon) to set a maximum grant amount by administrative rule.
The bill’s dash‑1 amendment “replaces the measure and removes the requirement that grants ... not exceed $50,000,” according to staff summary presented to the panel. Mark Landauer, testifying for the Oregon Public Ports Association, said the current $50,000 cap, last adjusted in 2007, has lost purchasing power…
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