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Committee advances bill to create Small Business Sustainability Fund, sends HB 2350 to Ways and Means
Summary
The House Committee on Economic Development, Small Business and Trade voted Feb. 17 to move House Bill 2350 to the floor with a “do pass” recommendation and referred the bill to the Joint Committee on Ways and Means.
The House Committee on Economic Development, Small Business and Trade voted to move House Bill 2350 to the floor with a “do pass” recommendation and to refer the bill to the Joint Committee on Ways and Means by prior reference.
HB 2350 directs the Oregon Business Development Department (OBDD) to develop a program to award financial assistance to support the retention or expansion of eligible small businesses in the state. The measure, as described to the committee, would define “business development projects” as strategic investments that support retention or expansion of eligible small businesses, establish…
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