House passes financing framework for Moda Center renovations after extended debate
The Oregon House passed Senate Bill 15 01, a framework authorizing bonds to modernize the Moda Center, after hours of debate on priorities, guardrails and projected economic gains. Supporters said the plan protects taxpayers by tying repayment to arena revenues and requiring local commitments; opponents called the measure an unfair public subsidy.
The full story
The Oregon House voted to pass Senate Bill 15 01 on March 6, 2026, adopting a framework that authorizes state-backed borrowing to fund modernization and infrastructure improvements at the Moda Center in Portland.
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