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Short List For 73rd Legislative Assembly

Using the 2005 Legislative Guide, the Oregon Business Plan Steering Committee adopted a list of items for the Legislature to achieve before adjournment. During the last several weeks of the session, 13 key items on the Short List were completed.  

While not exhaustive of all the issues before the Legislature, completion of these items will significantly benefit Oregon's economy. Many thanks to the Legislators, business leaders, and Oregon Business Plan initiative leaders who helped support and advance these bills.

Oregon Business Plan Short List for 73rd Legislative Assembly (announced on May 25, 2005)

This Agenda Contains No Additional Spending Beyond the Governor’s Recommended Budget*

Action Item for Legislature

Completed ( ), Not Completed (), Partially Completed ( )
Pass SB841 & SJR2 to strengthen the Education Stability Fund (ESF). SB841 is a good bill that will use ending balances to fill the ESF more quickly.  SJR2 would allow the ESF to double from 5% to 10% of the general fund.  HB2450 creates a stability fund for K-12 education, but also addresses more complicated education funding issues. At a minimum, SB841 and SJR2 should be passed this session.   SB841 and SJR2 passed the Senate on June 1, 2005. SB841 and SJR2 both passed out of the House Budget Committee on June 9, 2005 with 'Do Pass' recommendations.  However, the two bills never made it to the House floor for a vote before adjournment.  The Legislature did put an additional $75 million into the existing reserve fund but it did not establish a permanent mechanism for filling the reserve more rapidly.  An interim committee was established to look at this issue.
Fund the Oregon Progress Board ($730,000) and its work to evaluate state agency’s progress toward state benchmarks and other performance measures.    The Oregon Progress Board received authorization to spend $400,000 and General Fund money for 1.75 FTE.
Pass SB838 to establish the Oregon Innovation Council (Oregon InC) to coordinate the array of state efforts related to the innovation economy including the Engineering and Technology Industry Council (ETIC), the Oregon Growth Account activities, cluster development and other efforts.    Senate Bill 838 was unanimously approved by the Senate on June 30, 2005 and passed by the House on August 1, 2005.
Create at least a $2 million fund for small businesses to commercialize university research into venture-ready business concepts.   Senate Bill 853 creates an income tax credit (capped at $14 million total) for taxpayers that contribute to university research commercialization funds. The bill unanimously passed the Senate on June 22, 2005 and the House on July 11, 2005.
Appropriate $7 million to the Oregon Nanoscience and Micromaterials Institute (ONAMI).    Included in SB838 which was unanimously approved by the Senate on June 30, 2005 and passed by the House on August 1, 2005.
Create a $10 million strategic reserve fund to help spur economic and industry cluster development across the state.    The Legislature provided $7 million for the strategic reserve. However that number could effected by an unspecified reduction of $1.7 million from the Community Development Fund (HB5164) which will need to be covered in part by the strategic reserve. If lottery revenues exceed projections, an additional $3 million will be added to the strategic reserve fund.
Strategic Investment in Education Budget: Allocate $4.8 million for preK-16 data systems improvement ($1.8 million from K-12 budget, $900,000 from Community Colleges, and $2.2 million from higher education).    House and Senate and budget negotiators have agreed to fund the pre-K-16 data systems with $2.1 million from higher education (HB5153), $664,000 from Community Colleges (SB5617), and $1.8 million from the K-12 budget (SB5543).  All three bills passed both Houses.
Strategic Investment in Education Budget: Fund $91 million for Oregon Opportunity Grants (need based college aid).    The Senate passed SB5584 on July 13, 2005 providing $80.3 million for Opportunity Grants. The House amended SB5584, reducing funding slightly (to $77.6 million), and passed the bill unanimously on July 28, 2005. The Senate passed the amended bill on July 30, 2005. 
Strategic Investment in Education Budget: Provide $21.7 million for engineering and computer science education (to double number of degrees and create top-tier university program).    The House and Senate approved $20.7 million in funding for engineering and computer science education.
Pass SB38 to thoroughly examine K-12 education expenditures with an eye towards bringing more resources into the classroom. Consider expanding bill to include pre-K and post-secondary education expenditures. Did not pass the Senate or House before adjournment.   
Pass SB300 to create a seamless system for students enrolled in grades 11 and 12 to have additional options to continue or complete their education, earn concurrent high school and college credits and gain early entry into post-secondary education.    Senate Bill 300 was approved by the House on July 19, 2005 (56-1) and the Senate on June 30, 2005 (29-0).
Pass SB71 “Connect Oregon” and a $100 million bond for strategic investments for key air, marine, public transportation, and rail improvements. Amend bill to ensure clear criteria and transparent and technically sound decision-making process for strategic investments.    Unanimously approved by the Senate on June 22, 2005. The House amended the bill and passed it with a unanimous vote on August 2, 2005.  The bill returned to the Senate where it passed on August 3, 2005.
Pass SB82 to conduct a review of Oregon’s 30-year old land use system and provide $860,000 for consultants and staff for the review process.    Senate Bill 82 passed the Senate on July 13, 2005 and the House on July 28, 2005. SB5581 which passed both Houses provides $600,000 for the land use review.
Pass a $55 million* bond to identify and certify a twofold increase in the project-ready industrial sites located throughout Oregon.    The Legislature passed a $45 million bond for increasing project-ready industrial land.
Pass the bills remaining in the Regulatory Streamlining Package.    The Legislature passed 29 of the 35 bills in the Regulatory Streamlining Package: House bills 2083, 2084, 2085, 2087, 2089, 2091, 2092, 2093, 2094, 2095, 2127, 2177, 2178, 2179, 2180, 2181, 2186, 2204, 2206, 2207, 2452 and, 3238 and Senate bills 32, 96, 97, 101, 178, 179, and 323..
Pass SB541 to create a Task Force on Electronic Medical Records.  The Task Force will study and make recommendations for standards for transfer and exchange of electronic medical records and health-related data. Passed unanimously by Senate on May 9, 2005.  Did not pass the House before adjournment.
Provide $1.5 million* for Brand Oregon to build upon current successes and develop additional campaigns with other agricultural commodities and private-sector partners. Brand Oregon funding was not included in any of the budgets passed by the Legislature. The Governor has indicated a willingness to fund Brand Oregon through the Strategic Reserve Fund as well as other discretionary dollars.

*All budget items in this short list are in the Governor’s recommended budget with the exception of the $1.5 million for Brand Oregon.  To provide funds for Brand Oregon, without increasing the budget, the Oregon Business Plan Steering Committee proposes reducing the industrial lands budget to a $55 million bond (from $61 million).  Instead of reducing funding for industrial lands, there may be other reduction opportunities outside the items proposed in this short list.

To track progress on all the Oregon Business Plan initiatives use the initiative tracker

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