Education (Higher Education)

SB 5701 authorizes the state to issue bonds and certificates for specific capital projects, including Moda Center improvements and Oregon State University's Cascades Student Health and Recreation Center. It modifies previously approved lottery bonding rules and allocates specific funding amounts for projects like community college renovations, housing programs, corrections facility upgrades, and university building projects. The bill requires the OSU Cascades project to meet apprenticeship, outreach, and benefits standards. It does not create new taxes or fees but allows the state to borrow funds for these named improvements.