HB 4061
Directs the Oregon Business Development Department to set up a program for micro-enterprise tariff adjustment grants to small businesses for costs increased by federal tariffs.
Jurisdiction
Oregon
Session
2026 Regular Session
At the request of
(at the request of House Interim Committee on Economic Development, Small Business, and Trade for Representative Daniel Nguyen)
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Sign in to take actionPublic sentiment
Support
82%
Oppose
18%
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the Oregon Business Development Department to create a program offering grants to small businesses impacted by federal tariffs. It also tasks the department with updating Oregon’s trade strategy in collaboration with various stakeholders, including the Port of Portland and the Oregon Tourism Commission. Furthermore, the bill mandates the Department of Administrative Services to develop a procurement reform roadmap and establishes a Task Force on Business Retention to recommend strategies for retaining businesses and private investment in the state.
Sponsors
Official sponsors from legislative records.
Primary sponsor
Cosponsor
Small Business, and Trade House Interim Committee on Economic Development
Arguments in favor
Reasons to support this legislation.
Supporters of HB 4061 emphasize the importance of improving public procurement practices to promote economic resilience in Oregon. They argue that a more equitable distribution of contracts among local businesses is crucial for increasing economic opportunities, particularly in rural areas where small businesses are essential to the local tax base and employment. The testimony highlights the need for financial assistance to support small businesses affected by tariffs, with many owners citing significant cost increases and resulting price hikes, menu reductions, or even shop closures. By supporting HB 4061, proponents believe that Oregon can foster a more sustainable economy, align trade strategies between urban and rural economies, and promote local businesses in global markets, ultimately benefiting the state's economy and workers.
Source: Testimony Summaries
Arguments opposed
Reasons to oppose this legislation.
Opponents of HB 4061 express concerns that the bill's implementation will be hindered by insufficient funding, which would undermine the expansion of government initiatives. They also note that the Port of Coos Bay is not included in the bill, potentially impacting its role in trade strategy and the Pacific Coast Intermodal Port Project, a key component of the state's infrastructure development plans. Furthermore, critics argue that the lack of adequate funding will limit the effectiveness of the bill's intended goals, raising questions about the long-term viability and success of the proposed initiatives.
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