Relating to funding for the program to address economic inequity; declaring an emergency.
Catchline/Summary:
Appropriates moneys from General Fund to Oregon Business Development Department to be used for Economic Equity Investment Program created under chapter 103, Oregon Laws 2022 (Enrolled Senate Bill 1579).Provides permanent revenue stream from Oregon Marijuana Account to fund] Appropriates moneys from General Fund to Oregon Business Development Department to be used for Economic Equity Investment Program created under chapter 103, Oregon Laws 2022 (Enrolled Senate Bill 1579). Authorizes grant recipients to allocate grant moneys to any entity lawfully organized and operating under state law. Requires department, during rulemaking process, to consult persons and communities most likely to be affected by program.Takes effect on 91st day following adjournment sine die.]
Declares emergency, effective on passage.
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HB 3431 Joint Committee On Ways and Means
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