---
type: "Bill"
title: "Relating to industrial development."
description: "Authorizes the Oregon Business Development Department to provide financial assistance to projects related to industrial land. Establishes the Industrial Site Loan Fund in the State Treasury. [<i>Allocates lottery funds for deposit in the fund for the purpose of funding financial assistance to industrial land projects.</i>]."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2025R1"
identifier: "HB 2411"
citation: "Oregon HB 2411 (2025R1)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 5
action_count: 22
vote_count: 4
first_action: "2025-01-13T16:01:32+00:00"
last_action: "2025-08-13T19:42:36+00:00"
source: "openstates"
source_identifier: "ocd-bill/98d90c7d-7fde-4592-88e7-0a9604ae3372"
source_url: "https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2411"
source_hash: "cae6a5c054fbfa5254b6cd29f139aad77fc131e1619b31c08df5a1aebd3e16cc"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-or"]
---

# Oregon HB 2411 (2025R1) — Relating to industrial development.

Authorizes the Oregon Business Development Department to provide financial assistance to projects related to industrial land. Establishes the Industrial Site Loan Fund in the State Treasury. [<i>Allocates lottery funds for deposit in the fund for the purpose of funding financial assistance to industrial land projects.</i>].

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **House Amendments to Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2411/House%20Amendments%20to%20Introduced)
2. **Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2411/Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2411/A-Engrossed)
4. **JWM Amendment -3** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/ProposedAmendment/29786)
5. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2411/Enrolled)

## Votes

- Rules suspended. Third reading. Carried by McLane. Passed. — **28–1** (pass) · upper
- Heard and Reported Out — **9–0** (pass) · lower
- Heard and Reported Out with Amendments — **40–0** (pass) · legislature
- Third reading. Carried by Nguyen D. Passed. — **46–0** (pass) · lower

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-01-13T16:01:32+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2025-01-17T20:47:46+00:00** Referred to Economic Development, Small Business, and Trade with subsequent referral to Ways and Means. `referral-committee`
- **2025-02-10T16:01:00+00:00** Public Hearing held.
- **2025-03-17T15:02:00+00:00** Work Session held.
- **2025-03-20T17:33:24+00:00** Recommendation: Do pass and be referred to Ways and Means by prior reference. `committee-passage-favorable`
- **2025-03-20T17:33:25+00:00** Referred to Ways and Means by prior reference. `referral-committee`
- **2025-06-12T20:06:00+00:00** Assigned to Subcommittee On Capital Construction. `referral-committee`
- **2025-06-24T16:55:00+00:00** Returned to Full Committee.
- **2025-06-24T15:02:00+00:00** Work Session held.
- **2025-06-24T23:02:00+00:00** Work Session held.
- **2025-06-25T14:14:55+00:00** Recommendation: Do pass with amendments and be printed A-Engrossed. `committee-passage-favorable`
- **2025-06-25T18:46:43+00:00** Second reading. `reading-2`
- **2025-06-26T18:51:06+00:00** Third reading. Carried by Nguyen D. Passed. `passage, reading-3`
- **2025-06-26T20:08:20+00:00** First reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2025-06-26T21:14:08+00:00** Referred to Ways and Means. `referral-committee`
- **2025-06-27T15:49:47+00:00** Recommendation: Do pass the A-Eng. bill. `committee-passage-favorable`
- **2025-06-27T18:15:25+00:00** Second reading. `reading-2`
- **2025-06-27T18:50:13+00:00** Rules suspended. Third reading. Carried by McLane. Passed. `passage, reading-3`
- **2025-06-30T18:36:31+00:00** Speaker signed. `passage`
- **2025-06-30T19:18:53+00:00** President signed. `passage`
- **2025-07-24T23:48:12+00:00** Governor signed. `executive-signature`
- **2025-08-13T19:42:36+00:00** Chapter 566, (2025 Laws): Effective date January 1, 2026.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/98d90c7d-7fde-4592-88e7-0a9604ae3372`. Confidence: reported (aggregated from official Oregon legislature records).