Requires Governor biennially to prepare economic and community development incentive report.Directs Economic and Community Development Department to file annual Unified Economic Development Report detailing economic development assistance. Requires businesses receiving state economic development assistance to report annually on progress meeting economic development objectives. Provides that state may recapture economic assistance upon failure of recipient to satisfy economic development objectives. Permits state to release information regarding financial incentives provided to businesses for purposes of economic development.]
Declares emergency, effective on passage.]
Requires Governor biennially to prepare economic and community development incentive report. Requires Economic and Community Development Department to advise and assist Governor in preparation of report. Specifies contents of report. Imposes certain duties on Department of Revenue and Oregon Department of Administrative Services regarding preparation and review of report.
Requires Economic and Community Development Commission to report biennially to Governor and Legislative Assembly on success of economic development efforts.
Oregon Legislative Assembly - Public Testimony Registration Form
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SB 518 Joint Committee On Ways and Means
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