| Action
Items for Legislature |
Completed (
 ),
Not Completed ( ),
Partially Completed ( 
) |
| Adopt
PERS successor plan for new employees. |
On
August 26, 2003, the Legislature approved HB2020,
a PERS successor plan blending a traditional defined benefit
plan with a 401(k)-style investment plan. |
| Either
overhaul Oregon's tax system, or set out an overhaul process,
with the aim of diversifying the base, increasing stability,
and strengthening economic growth. |
The
Legislature approved HJR42
establishing a 20-member interim committee to develop a tax
reform proposal and bring legislation to a special session
after May 31, 2004. |
| Pass
SB360 and SB363 to support signature research centers and
technology transfer. |
The
Legislature approved $20 million in bonding to support the construction
of signature research centers including a
Multi-scale Materials and Device Laboratory at the University
of Oregon. $1 million was allocated from the General Fund for
operational support. |
|
SB363 did not pass the Legislature. |
| Fund
engineering and computer science at a minimum of $22.5
million.
|
The
Legislature allocated $20.9 million to support education investments in engineering and computer science
education. |
| Fund
OECDD at the Governor’s Revised budget level, including a
strategic reserve fund of at least $10 million, so it can
carry out the revised mission spelled out in HB2011. |
The
strategic reserve was allocated $10 million. |
| Fund
schools at a level that ensures a full school year, reasonable
class size, and progress on benchmarks.
Demonstrate funding sufficiency using tools provided by
the Quality Education Commission. |
The
Legislature approved a $5.2 billion budget for school and
used the tools
in the Quality Education Model to evaluate different K-12
funding levels. |
| Pass
SB437 to provide the Oregon University System greater
flexibility in maintaining quality and access in the face of
declining state investment. |
Governor
Kulongoski signed SB437
into laws on August 21, 2003. The
bill passed the Senate (27-0) on August 4 and the House (52-0)
on August 8. Read more about SB437 in the Oregon Business
Plan initiative tracker for "Redesign
the way Oregon Invests in Post-Secondary Education." |
| Adopt
the transportation finance package to repair bridges and
construct vital new projects (HB2041). |
Governor Kulongoski
signed HB2041 into law on July 28, 2003. Read
more about the transportation package in the Oregon Business
Plan initiative tracker for "Invest
in Roads and Bridges." |
| Pass
SB890 to reauthorize lottery-backed bonds for the Columbia
channel deepening. |
HB3446,
reauthorizing $27.7
million in lottery-backed bonds for the Columbia channel
deepening, passed the
Legislature on August 23, 2003. |
| Pass
-- and fund adequately -- SB467 authorizing preservation of
lands deemed strategic for accomplishing Oregon’s economic
goals, and HB2912 calling for a fresh look at Oregon’s land
use system. |
SB467
was moved into HB2011
and passed the Legislature on August 23, 2003. |
|
HB2912 did not pass the Legislature. |
| Staffing
and infrastructure resources (including the Public Works Fund)
should be funded at levels enabling the development of 25
"market-ready" industrial sites. |
The
Legislature approved $27.6 million for the Public Works (Revolving Loan) Fund.
This funding level will allow the Oregon Economic and
Community Development Department to fund the
development of 25 "market-ready" industrial
sites. |
| Pass
the 1 percent lodging tax to ensure additional resources for
tourism and other marketing activity (HB2267). |
HB2267
was approved by the Senate on August 22 and the House on
August 23. Read more about Oregon's marketing efforts in
the Oregon Business Plan initiative tracker for "Brand
and Market Oregon More Aggressively." |
