Oregon 2026 Regular Session Status: In Committee Bipartisan · 14 D · 14 R cosponsors

SB 1586 — Relating to economic development; prescribing an effective date.

Last action — In committee upon adjournment.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2026 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This bill is no longer active — its legislative session has ended, so there is no live prognosis.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

Digest: The Act would change the tax credit for semiconductor research. The Act would set up and change some tax breaks for advanced manufacturing, enterprise zones and regionally significant industrial sites. The Act would direct certain state agencies to set up deadlines to process applications for permits and to make the deadlines public. The Act would make those agencies, no later than 60 days after the date on which the Act becomes law, publish a list of the permits that they issue. Modifies the tax credit allowed for semiconductor research. Creates and amends certain programs offering tax breaks related to advanced manufacturing, enterprise zones and regionally significant industrial sites. Directs certain state agencies to establish deadlines within which the agency intends to process applications for permits and make the deadlines available to the public. Directs certain state agencies to publish a catalog of permits issued by the agency within 60 days after the effective date of the Act. Adds rural reserves in Washington County to Metro to be used for high-technology and advanced manufacturing purposes. Takes effect on the 91st day following adjournment sine die.

Bill Text

How this bill changes current law

5 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill modifies tax credits and processes related to semiconductor research and advanced manufacturing in Oregon.

  • ORS 315.518

    qualified semiconductor company → qualified company

    Expands the definition of companies eligible for tax credits to include various qualified companies.

  • ORS 315.518

    a trade or business directly related to semiconductors → the qualified company’s primary business

    Broadens the scope of qualified research under the tax credit to align with the primary business of the company.

  • ORS 315.519

    but fewer than 3,000 employees

    Removes the limit on the number of employees for taxpayers eligible for certain credits.

  • ORS 315.522

    qualified semiconductor company → qualified company

    Updates the application process to refer to a broader class of qualified companies eligible for credits.

  • ORS 315.522

    a business or trade directly related to semiconductors → the qualified company’s primary business

    Adjusts the criteria for descriptions required in the tax credit application to reflect the broader definition of qualified companies.

Action History

  1. In committee upon adjournment.

  2. Public Hearing held.

  3. Public Hearing held.

  4. Public Hearing held.

  5. Referred to Finance and Revenue.

  6. Introduction and first reading. Referred to President's desk.

Sponsors

Sponsorship breakdown

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14 sponsors · 16 co-sponsors · 60 not signed on

Sponsors (14)

Co-sponsors (16)

Not signed on (60)

60 members have not signed on to this bill.

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"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation labor technology
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Frequently asked questions

What does SB 1586 do?
Digest: The Act would change the tax credit for semiconductor research. The Act would set up and change some tax breaks for advanced manufacturing, enterprise zones and regionally significant industrial sites. The Act would direct certain state agencies to set up deadlines to process applications for permits and to make the deadlines public. The Act would make those agencies, no later than 60 days after the date on which the Act becomes law, publish a list of the permits that they issue. Modifies the tax credit allowed for semiconductor research. Creates and amends certain programs offering tax breaks related to advanced manufacturing, enterprise zones and regionally significant industrial sites. Directs certain state agencies to establish deadlines within which the agency intends to process applications for permits and make the deadlines available to the public. Directs certain state agencies to publish a catalog of permits issued by the agency within 60 days after the effective date of the Act. Adds rural reserves in Washington County to Metro to be used for high-technology and advanced manufacturing purposes. Takes effect on the 91st day following adjournment sine die.
Who sponsors SB 1586?
SB 1586 is sponsored by Daniel Nguyen (Democrat), Mari Watanabe (Democrat), Ricki Ruiz (Democrat), Virgle Osborne (Republican), Emily McIntire (Republican), John Lively (Democrat), Bobby Levy (Republican), Shannon Isadore (Democrat), Jeffrey Helfrich (Republican), Darcey Edwards (Republican), Suzanne Weber (Republican), Kim Thatcher (Republican), Lisa Reynolds (Democrat), Todd Nash (Republican), Mike McLane (Republican), Lew Frederick (Democrat), Kim Wallan (Republican), Hai Pham (Democrat), Cyrus Javadi (Republican), Paul Evans (Democrat), April Dobson (Democrat), Vikki Breese-Iverson, Bruce Starr (Republican), David Brock Smith (Republican), Kayse Jama (Democrat), Dick Anderson (Republican), Anthony Broadman (Democrat), Mark Meek (Democrat), Janeen Sollman (Democrat), and Matt Bunch.
What is the current status of SB 1586?
This bill died with 2026 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 1586?
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Last checked for changes 3 months ago · updated continuously

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