Oregon House Bill 2266 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 13-0)
Status: Passed on September 25 2021 - 100% progression
Action: 2021-09-25 - Chapter 676, (2021 Laws): Effective date August 06, 2021.
Text: Latest bill text (Engrossed) [PDF]

Creates program through which certain lenders may, after competitive RFP process, receive award moneys to fund accounts out of which lenders may be reimbursed for principal losses incurred due to defaults on qualified loans to qualified businesses. Creates program through which certain lenders may, after competitive RFP process, receive award moneys to fund accounts out of which lenders may be reimbursed for principal losses incurred due to defaults on qualified loans to qualified businesses. Requires lender accepting award to enter into written agreement with Oregon Business Development Department and specifies certain terms of agreements. Sets forth circumstances in which lender may use for any purpose, or be required to repay, balance of award moneys. Requires department to develop and implement program to make loans to certain for-profit disadvantaged and emerging small businesses certified by Certification Office for Business Inclusion and Diversity. Sets forth loan requirements regarding maximum principal amount and term, loan documentation, collateral and use of proceeds. Requires business owner interested in applying for loan to seek assistance from technical assistance provider regarding application form and documentation and authorizes technical assistance provider to decide whether to refer application to department for approval or rejection. Establishes Disadvantaged and Emerging Small Business Loan Fund for making loans under program. Declares emergency, effective on passage.

Relating to business assistance; and declaring an emergency.

Rep. John Lively [D]	Rep. Janelle Bynum [D]	Sen. Wlnsvey Campos [D]	Rep. Maxine Dexter [D]
Rep. David Gomberg [D]	Rep. Dacia Grayber [D]	Rep. Jason Kropf [D]	Sen. Mark Meek [D]
Rep. Courtney Neron [D]	Rep. Rachel Prusak [D]	Rep. Ricki Ruiz [D]	Sen. Janeen Sollman [D]
Rep. Anna Williams [D]

2021-06-24 - Senate - Senate Third Reading (Y: 24 N: 4 NV: 0 Abs: 2) [PASS]
2021-06-22 - House - House Third Reading (Y: 38 N: 21 NV: 0 Abs: 0) [PASS]
2021-06-18 - House - House Committee Do pass with amendments to the A-Eng bill. (Printed B-Eng.) (Y: 22 N: 0 NV: 0 Abs: 1) [PASS]
2021-04-13 - House - House Committee Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.) (Y: 5 N: 3 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2021-09-25	House	Chapter 676, (2021 Laws): Effective date August 06, 2021.
2021-08-06	House	Governor signed.
2021-06-26	Senate	President signed.
2021-06-25	House	Speaker signed.
2021-06-24	Senate	Vote explanation(s) filed by Heard.
2021-06-24	Senate	Rules suspended. Third reading. Carried by Beyer. Passed. Ayes, 24; Nays, 4--Boquist, Heard, Robinson, Thatcher; Excused, 2--Burdick, Manning Jr.
2021-06-24	Senate	Second reading.
2021-06-24	Senate	Recommendation: Do pass the B-Eng. bill.
2021-06-23	Senate	Referred to Ways and Means.
2021-06-23	Senate	First reading. Referred to President's desk.
2021-06-22	House	Rules suspended. Third reading. Carried by Lively. Passed. Ayes, 38; Nays, 21--Bonham, Boshart Davis, Breese-Iverson, Cate, Drazan, Leif, Levy, Lewis, Moore-Green, Morgan, Noble, Owens, Post, Reschke, Smith DB, Smith G, Stark, Wallan, Weber, Wright, Zika.
2021-06-22	House	Second reading.
2021-06-20	House	Recommendation: Do pass with amendments and be printed B-Engrossed.
2021-06-18	House	Work Session held.
2021-06-14	House	Returned to Full Committee.
2021-06-14	House	Work Session held.
2021-06-08	House	Assigned to Subcommittee On Transportation and Economic Development.
2021-04-19	House	Referred to Ways and Means by order of Speaker.
2021-04-19	House	Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.
2021-04-13	House	Work Session held.
2021-04-06	House	Public Hearing held.
2021-03-18	House	Public Hearing held.
2021-01-19	House	Referred to Economic Recovery and Prosperity.
2021-01-11	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/HB2266
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/HB2266/Introduced
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/HB2266/House%20Amendments%20to%20Introduced
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/HB2266/A-Engrossed
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/HB2266/House%20Amendments%20to%20A-Engrossed
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/HB2266/B-Engrossed
Text	https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/HB2266/Enrolled
Roll Call	https://olis.oregonlegislature.gov/liz/2021R1/CommitteeReports/MajorityReport/31993
Roll Call	https://olis.oregonlegislature.gov/liz/2021R1/CommitteeReports/MajorityReport/33051
Roll Call	https://olis.oregonlegislature.gov/liz/2021R1/Measures/MeasureVotes?id=532680
Roll Call	https://olis.oregonlegislature.gov/liz/2021R1/Measures/MeasureVotes?id=533618