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HB 2418 Oregon House · 2025 Regular Session

Relating to the Small Business Innovation Research matching grant program.

Summary
] [ Requires the Oregon Business Development Department to study the Small Business Innovation Research matching grant program administered by the Oregon Innovation Council. Directs the department to submit a report of the study to the interim committees of the Legislative Assembly related to economic development no later than September 15, 2026. ] [ Sunsets January 2, 2027. ] Appropriates moneys to the Oregon Business Development Department for grants awarded in conjunction with the federal Small Business Innovation Research program.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2025 Last action Jun 28, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → A-Engrossed · 3 edits
MINOR
The bill was amended from a study requirement to an appropriation that provides $3 million to fund Small Business Innovation Research grants. The original version required the Oregon Business Development Department to study the program and report findings, but the new version directly appropriates money to support the grants.
Scope change
The bill's scope changed from a study and reporting requirement to an active funding mechanism that provides money for grants.
REQUIREMENT

Removed the requirement for the Oregon Business Development Department to conduct a study of the Small Business Innovation Research matching grant program and submit a report by September 15, 2026.

FISCAL

Added an appropriation of $3,000,000 from the General Fund for the biennium beginning July 1, 2025, to fund Small Business Innovation Research grants.

TIMELINE

Removed the sunset provision that would have ended the bill on January 2, 2027.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
2
Committee
4
Jun 28, 2025
Lower · Passed
In committee upon adjournment.
lower
Apr 10, 2025
Committee
Referred to Ways and Means by order of Speaker.
lower
Apr 10, 2025
Lower · Passed
Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.
lower
Jan 17, 2025
Committee
Referred to Economic Development, Small Business, and Trade.
lower
Jan 13, 2025
Introduced
First reading. Referred to Speaker's desk.
lower
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.