SB 1501
Authorizes the Oregon Department of Administrative Services to enter into agreements to own and oversee the operations of the Moda Center in the City of Portland.
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Sign in to take actionPublic sentiment
Support
48%
Oppose
52%
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill allows the Oregon Department of Administrative Services (DAS) to enter into agreements to own and manage the Moda Center in Portland. It establishes an Oregon Arena Fund to finance the center’s operations, construction, and maintenance, primarily through dedicated tax revenues. The bill outlines specific conditions and requirements for these agreements, including limitations on state debt and the need for a long-term lease agreement. It also creates a system for diverting tax revenue to support the center’s financial needs.
Sponsors
Official sponsors from legislative records.
Primary sponsors
Arguments in favor
Reasons to support this legislation.
Supporters of Senate Bill 1501 express strong enthusiasm for the proposed renovations to the Moda Center, citing its significant cultural and economic value to Portland and the region. They emphasize the arena's impact on the local economy, generating over $670 million in annual economic activity and supporting over 4,000 jobs. Proponents argue that the team's presence brings shared identity, civic pride, and community connection, and losing them would devastate Portland and its communities. They also highlight the economic benefits of hosting major events, which can drive economic activity for years to come. Supporters believe that renovating the Moda Center will capitalize on opportunities to drive economic growth in Oregon, elevate civic assets, and improve quality of life for residents. Ultimately, they urge leadership to take action to protect the city, county, and affected communities, recognizing the long-term consequences of this decision.
Source: Testimony Summaries
Arguments opposed
Reasons to oppose this legislation.
Opponents of the proposed measure argue that using General Fund dollars to renovate the Moda Center is unfair and misplaced, diverting funds from essential public services. Many concerns about the financial burden on Oregon taxpayers, citing the measure's high cost and potential negative impact on the state economy. Some argue that alternative solutions exist, such as user fees or private financing, which would allow those who use the venue to contribute to its costs without relying on taxpayer money. Others emphasize the need to prioritize rural needs over urban projects, highlighting the importance of addressing pressing social issues like homelessness and housing problems. Many testifiers also question the Senate Committee's decision-making process, suggesting that the committee should consider alternative justifications for public investment in the Moda Center.
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