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HB 2714

Relating to support loans for small business activity in this state; declaring an emergency.

2025 Regular Session Introduced by Paul Evans

HB 2714 establishes loan support for Oregon small businesses, requiring committee review of program design and fiscal impact before advancement.

In committee upon adjournment.
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WeVote Research Nonpartisan
Bill Summary · HB 2714

Legislative bill overview

HB 2714 establishes or modifies a support loan program designed to provide financing assistance to small businesses operating in Oregon. The bill has been referred to both the Economic Development, Small Business, and Trade Committee and the Ways and Means Committee, indicating it involves both program design and fiscal considerations. An emergency declaration suggests the sponsors believe prompt action is necessary.

Why is this important

Small business access to capital directly affects job creation, economic growth, and community development in Oregon. Support loan programs can fill gaps where traditional lending is unavailable or insufficient, particularly for underserved demographics or rural areas. The fiscal and budgetary implications—evidenced by Ways and Means review—mean this program will require state resources or revenue allocation.

Potential points of contention

  • Program funding source: Unclear whether this uses existing state revenue, creates new appropriations, or establishes a loan fund mechanism—each has different fiscal impacts
  • Loan eligibility criteria: Questions about which businesses qualify (size thresholds, industry restrictions, geographic priorities) could affect fairness and program effectiveness
  • Default risk and state liability: Whether the state bears loss risk on unpaid loans versus requiring private sector participation affects both program cost and effectiveness

Compiled from official sources — confirm details with the bill’s official record.

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