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State Government / Oregon / Legislation / SB 1586

SB 1586Session 2026R1SenateIn committee

Relating to economic development; prescribing an effective date.

Source-provided summary

Digest: The Act would change the tax credit for semiconductor research. The Act would set up and change some tax breaks for advanced manufacturing, enterprise zones and regionally significant industrial sites. The Act would direct certain state agencies to set up deadlines to process applications for permits and to make the deadlines public. The Act would make those agencies, no later than 60 days after the date on which the Act becomes law, publish a list of the permits that they issue. Modifies the tax credit allowed for semiconductor research. Creates and amends certain programs offering tax breaks related to advanced manufacturing, enterprise zones and regionally significant industrial sites. Directs certain state agencies to establish deadlines within which the agency intends to process applications for permits and make the deadlines available to the public. Directs certain state agencies to publish a catalog of permits issued by the agency within 60 days after the effective date of the Act. Adds rural reserves in Washington County to Metro to be used for high-technology and advanced manufacturing purposes. Takes effect on the 91st day following adjournment sine die.

Latest development · Mar 7, 2026

In committee upon adjournment.

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Source record ↗
Session
2026R1
Introduced
Feb 2, 2026
Latest passage
Date unavailable
TopicsSponsorsActionsRelated billsDiscussion

Topics and classification

Civixly topics

Budget & TaxesBusiness & EconomyTechnology & Communications

Document type

Bill

Sponsors

Primary sponsors are listed before cosponsors and other sponsoring entities.

Primary sponsorAnthony Broadman
Primary sponsorApril Dobson
Primary sponsorBruce Starr
Primary sponsorCyrus Javadi
Primary sponsorDaniel Nguyen
Primary sponsorDavid Brock Smith
Primary sponsorDick Anderson
Primary sponsorHai Pham
Primary sponsorJaneen Sollman
Primary sponsorKayse Jama
Primary sponsorKim Wallan
Primary sponsorMark Meek
Primary sponsorPaul Evans
Primary sponsorVikki Breese-Iverson
cosponsorBobby Levy
cosponsorDarcey Edwards
cosponsorEmily McIntire
cosponsorJeffrey Helfrich
cosponsorJohn Lively
cosponsorKim Thatcher
cosponsorLew Frederick
cosponsorLisa Reynolds
cosponsorMari Watanabe
cosponsorMatt Bunch
cosponsorMike McLane
cosponsorRicki Ruiz
cosponsorShannon Isadore
cosponsorSuzanne Weber
cosponsorTodd Nash
cosponsorVirgle Osborne

Action timeline

Newest action first. Action language is supplied by the state source.

View full action timeline6 actions⌄
  1. Mar 7, 2026

    In committee upon adjournment.

    Senate
  2. Feb 23, 2026

    Public Hearing held.

    Senate
  3. Feb 18, 2026

    Public Hearing held.

    Senate
  4. Feb 16, 2026

    Public Hearing held.

    Senate
  5. Feb 2, 2026

    Referred to Finance and Revenue.

    Referral CommitteeSenate
  6. Feb 2, 2026

    Introduction and first reading. Referred to President's desk.

    IntroductionReading 1Referral CommitteeSenate

Related Oregon legislation

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SB 1601Updated Apr 14, 2026

Relating to state financial administration; and declaring an emergency.

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SB 5703Updated Apr 14, 2026

Relating to state financial administration; and declaring an emergency.

Budget & TaxesBusiness & Economy
SB 1507Updated Apr 14, 2026

Relating to revenue; and prescribing an effective date.

Budget & TaxesBusiness & Economy
HB 4018Updated Apr 13, 2026

Relating to elections; and declaring an emergency.

Business & Economy
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State legislative data provided by Open States and linked legislature sources when available.

Civixly tracks state bill actions, passage dates, and sponsors. Member-level state roll-call histories are not included.

Source data last updated Mar 17, 2026.