1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session A-Engrossed House Bill 2969 Ordered by the House April 1 Including House Amendments dated April 1 Sponsored by Representative GOMBERG; Representatives BOICE, DIEHL, JAVADI (Presession filed.) SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the measure. The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act would grant funds to the Oregon Coast Visitors Association for a project to use fish to make nonfood products. (Flesch Readability Score: 60.6). [Digest: The Act would require a study of economic development in this state with a report to be turned in next year.(Flesch Readability Score: 64.6).] [Requires the Oregon Business Development Department to study economic development in Oregon. Directs the department to submit a report of the study to the Legislative Assembly no later than Sep- tember 15, 2026.] Appropriates moneys for distribution to the Oregon Coast Visitors Association to be used to replicate the success of the 100% Fish Project of the Iceland Ocean Cluster in utilizing fish for nonfood product manufacturing. A BILL FOR AN ACT Relating to economic development. Be It Enacted by the People of the State of Oregon: SECTION 1. There is appropriated to the Oregon Business Development Department, for the biennium beginning July 1, 2025, out of the General Fund, the amount of $840,000 for distribution to the Oregon Coast Visitors Association to be used in accordance with section 2 of this 2025 Act. SECTION 2. (1) The Oregon Coast Visitors Association shall use the moneys received under section 1 of this 2025 Act for research and development funding, light infrastructure investment and accompanying coordination capacity to replicate the success of the 100% Fish Project of the Iceland Ocean Cluster in utilizing fish for nonfood product manufacturing. (2) The association’s budget for expenditure of the moneys received under section 1 of this 2025 Act shall be as follows: Budget item Expenditure amount Employee compensation ............$ 200,000 Research and development fees............................................$ 300,000 Marketing and communications........................$ 70,000 Working assets.........................$ 270,000 NOTE:Matter in boldfaced type in an amended section is new; matter [italic and bracketed] is existing law to be omitted. New sections are in boldfaced type. LC 3706 A-Eng. HB 2969 1 2 [2]