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Read. Follow. Verify.Oregon directs Business Oregon to streamline programs and appropriates $350,000 for evaluation
Last action · April 6, 2026: Chapter 40, (2026 Laws): Effective date March 31, 2026.
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What This Bill Does
Oregon House Bill 4062 requires the Director of the Oregon Business Development Department to evaluate all departmental programs, standardize application requirements, and recommend program consolidations, eliminations, or rehousing by the 2027-2029 . The law increases lottery-allocated expenditure limitations by $350,000 for implementation and takes effect immediately upon passage as an emergency measure.
Changes how state economic development programs operate by forcing a formal review of overlapping services, potentially eliminating inactive programs or moving functions to different agencies, backed by a $350,000 funding increase.
- Business Oregon is the state's economic development agency tasked with creating jobs, growing businesses, and promoting community development across Oregon. context
- House Bill 4062 was introduced during the 2026 regular legislative session at the request of the House Interim Committee on Economic Development, Small Business, and Trade. context
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Oregon Business Development Department
The department must conduct a comprehensive program evaluation, standardize application forms, and prepare structural reorganization recommendations.
Business applicants
Applicants will experience standardized application requirements across various department divisions.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What is the primary responsibility given to the Oregon Business Development Department under this law?
How much additional funding is provided for this evaluation?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
Current status: Signed into law.
Procedural history
22 actions- Apr 6, 2026HouseChapter 40, (2026 Laws): Effective date March 31, 2026.
- Mar 31, 2026HouseGovernor signed.
- Mar 10, 2026SenatePresident signed.
- Mar 10, 2026HouseSpeaker signed.
- Mar 6, 2026SenateThird reading. Carried by Gorsek. Passed.
- Mar 5, 2026SenateSecond reading.
Show 16 earlier actions
- Mar 5, 2026SenateRecommendation: Do pass the A-Eng. bill.
- Mar 4, 2026SenateReferred to Ways and Means.
- Mar 4, 2026SenateFirst reading. Referred to President's desk.
- Mar 3, 2026HouseThird reading. Carried by Nguyen D. Passed.
- Mar 2, 2026HouseSecond reading.
- Feb 27, 2026HouseRecommendation: Do pass with amendments and be printed A-Engrossed.
- Feb 27, 2026HouseWork Session held.
- Feb 26, 2026HouseReturned to Full Committee.
- Feb 26, 2026HouseWork Session held.
- Feb 23, 2026HouseAssigned to Subcommittee On Transportation and Economic Development.
- Feb 11, 2026HouseReferred to Ways and Means by order of Speaker.
- Feb 11, 2026HouseRecommendation: Do pass and be referred to Ways and Means.
- Feb 9, 2026HouseWork Session held.
- Feb 2, 2026HousePublic Hearing held.
- Feb 2, 2026HouseReferred to Economic Development, Small Business, and Trade.
- Feb 2, 2026HouseFirst reading. Referred to Speaker's desk.
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Administrative Streamlining Mandate
The bill mandates a critical self-evaluation of state economic development programs aimed at eliminating redundancy and standardizing paperwork.
Connected Entities
Sources
olis.oregonlegislature.gov
Analysis Score
0–100- Significance50How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz25Current news / social attention level
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