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SB 5701OREGONSession 2026R1State BillSigned into law
Enacted

Oregon Legislature Modifies State Debt Issuance, Authorizes Bonds for Capital Projects and Moda Center Improvements

Original title: Modifies amounts authorized for issuance of debt instruments for the biennium.

Last action · April 14, 2026: Effective date, April 7, 2026.

Bill progressHistory & official text ↓
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Does

Senate Bill 5701 modifies state debt issuance limits and authorizes , revenue bonds, and for the 2025-2027 , including $200 million for Moda Center capital improvements and funding for various educational, correctional, and community projects. The Act takes effect immediately upon passage as an emergency measure.

Why it matters

The measure adjusts billions of dollars in state borrowing authority, directly funding construction, maintenance, and infrastructure projects across public universities, state facilities, local housing initiatives, and water systems.

Background
  • Senate Bill 5701 is an omnibus state financial administration measure enacted during the 2026 Regular Session of the Oregon Legislative Assembly. context
  • The measure amends multiple prior Oregon Laws chapters related to state bonding, lottery bonds, and capital construction authorizations. 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.

Directly affected

State agencies

State departments and agencies receive updated bond authorizations and funding allocations for capital improvements, maintenance, and IT systems.

Directly affected

Public universities

Public universities receive capital construction bond funds and must comply with new contractor apprenticeship, diversity, and worker benefit requirements for projects costing $200,000 or more.

Directly affected

Construction contractors

Contractors working on qualified public university projects must meet mandatory apprenticeship thresholds, diversity recruitment targets, and provide health and retirement benefits.

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 purpose of Senate Bill 5701?
The bill updates and modifies state borrowing and debt issuance limits for various capital construction projects, state facilities, housing programs, and infrastructure improvements across Oregon.
How much funding is authorized for the Moda Center improvements?
The bill authorizes up to $200 million in net proceeds for the current and an additional $165 million for the biennium beginning July 1, 2027, for capital improvements to the Moda Center and surrounding plaza areas.
Are there new labor requirements attached to these university construction funds?
Yes, public universities receiving funds for qualified projects with estimated costs of $200,000 or more must require contractors to employ apprentices for 15 percent of work hours, execute outreach plans for women, minorities, and veterans, and provide health insurance and retirement benefits.

What else do you want to know?

News Coverage

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Where This Stands

Current status: Signed into law.

Procedural history

20 actions
  1. Apr 14, 2026Senate
    Effective date, April 7, 2026.
  2. Apr 14, 2026Senate
    Chapter 136, 2026 Laws.
  3. Apr 7, 2026Senate
    Governor signed.
  4. Mar 10, 2026House
    Speaker signed.
  5. Mar 10, 2026Senate
    President signed.
  6. Mar 6, 2026House
    Rules suspended. Third reading. Carried by Nosse. Passed.
Show 14 earlier actions
  1. Mar 6, 2026House
    Rules suspended. Second reading.
  2. Mar 6, 2026House
    Recommendation: Do pass.
  3. Mar 6, 2026House
    Referred to Ways and Means.
  4. Mar 6, 2026House
    First reading. Referred to Speaker's desk.
  5. Mar 6, 2026Senate
    Third reading. Carried by Girod. Passed.
  6. Mar 5, 2026Senate
    Second reading.
  7. Mar 4, 2026Senate
    Recommendation: Do pass with amendments. (Printed A-Eng.)
  8. Mar 3, 2026Senate
    Work Session held.
  9. Mar 3, 2026Senate
    Returned to Full Committee.
  10. Mar 3, 2026Senate
    Work Session held.
  11. Feb 13, 2026Senate
    Public Hearing held.
  12. Feb 9, 2026Senate
    Assigned to Subcommittee On Capital Construction.
  13. Feb 9, 2026Senate
    Referred to Ways and Means.
  14. Feb 9, 2026Senate
    Introduction and first reading. Referred to President'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.

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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

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Expanded Capital Bonding for Arena and Infrastructure

The Act pairs traditional state agency and university bonding updates with substantial new allocations for arena capital improvements and local housing initiatives.

Moda CenterOregon Department of Administrative Services

Connected Entities

Oregon State University, Tina Kotek, University of Oregon and 4 more
OrganizationOregon State University“Recipient of bond authorizations for capital projects”Map →
PersonTina Kotek“Governor of Oregon”Map →
OrganizationUniversity of Oregon“Recipient of bond authorizations for capital projects”Map →
OrganizationModa Center“Recipient of capital improvement funds via the Oregon Arena Fund”Map →
OrganizationJoint Committee on Ways and Means“Legislative committee sponsoring the bill”Map →
OrganizationPortland State University“Recipient of bond authorizations for academic and housing projects”Map →
PersonKate Lieber“Senator who requested the bill on behalf of the Joint Committee on Ways and Mean”Map →

Sources

Open source document

olis.oregonlegislature.gov

Analysis Score

0–100
  • Significance85
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz30
    Current news / social attention level

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