Relating to entrepreneurial ecosystem development programs located outside Metro; declaring an emergency.
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SB 418 — Relating to entrepreneurial ecosystem development programs located outside Metro; declaring an emergency.
Last action — In committee upon adjournment.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill died with 2019 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Modifies requirement that start-up businesses that may be assisted by regional collaboration facilitated by Oregon Business Development Department have as purpose commercialization of university-based or university-assisted <i>research</i>] <b>academic activities</b> and increasing number, and ensuring retention, of such businesses. Appropriates moneys to Oregon Business Development Department for direct distribution pro rata to Oregon State University Advantage Accelerator (OSU Advantage) and Regional Accelerator & Innovation Network (RAIN Eugene) and requires equal match. Provides that start-up businesses assisted with appropriated moneys must be traded sector businesses or businesses with traded sector potential, with stated exceptions. Requires OSU Advantage and RAIN Eugene each to submit report to interim legislative committees related to economic development on or before September 15, 2020, setting forth specified metrics related to their assistance to start-up businesses. Declares emergency, effective on passage.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 418 on the official Oregon source →Action History
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In committee upon adjournment.
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Referred to Ways and Means by order of the President.
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Recommendation: Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.)
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Public Hearing and Work Session held.
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Referred to Business and General Government.
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Introduction and first reading. Referred to President's desk.
Sponsors
- James Manning Jr. · Cosponsor
- Lee Beyer · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 88 not signed on
Sponsors (1)
Co-sponsors (1)
- James Manning Jr. Democrat
Not signed on (88)
88 members have not signed on to this bill.
Show all 88 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 3 | 0 | 0 | 1 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 4 | 0 | 0 | 1 |
| % of votes cast | 80% | 0% | 0% | 20% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Alan Olsen | — | Yea |
| Chuck Riley | — | Yea |
| Mark Hass | — | Yea |
| Michael Dembrow | — | Not Voting |
| Fred Girod | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 418 do?
- Modifies requirement that start-up businesses that may be assisted by regional collaboration facilitated by Oregon Business Development Department have as purpose commercialization of university-based or university-assisted <i>research</i>] <b>academic activities</b> and increasing number, and ensuring retention, of such businesses. Appropriates moneys to Oregon Business Development Department for direct distribution pro rata to Oregon State University Advantage Accelerator (OSU Advantage) and Regional Accelerator & Innovation Network (RAIN Eugene) and requires equal match. Provides that start-up businesses assisted with appropriated moneys must be traded sector businesses or businesses with traded sector potential, with stated exceptions. Requires OSU Advantage and RAIN Eugene each to submit report to interim legislative committees related to economic development on or before September 15, 2020, setting forth specified metrics related to their assistance to start-up businesses. Declares emergency, effective on passage.
- Who sponsors SB 418?
- SB 418 is sponsored by James Manning Jr. (Democrat) and Lee Beyer.
- What is the current status of SB 418?
- This bill died with 2019 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track SB 418?
- Track SB 418 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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