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Subcommittee adopts amendment to adjust allocations after forecast shortfalls in marijuana and criminal fines accounts

2526422 · March 7, 2025
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Summary

House Bill 5049, which adjusts allocations across several state accounts after a March 2025 revenue forecast showed shortfalls, was amended and moved to the full Ways and Means Committee on March 7, 2025.

House Bill 5049, which adjusts revenue allocations for several state accounts in response to a revised March 2025 revenue forecast, was amended in the Capital Construction Subcommittee on March 7, 2025, and moved to the full Ways and Means Committee with a due-pass recommendation.

Staff described the dash-1 amendment as making small new allocations and several reductions tied to the updated revenue forecast. The amendment adds $120,000 in lottery funds to the Oregon Business Development Department for an economic development…

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