---
type: "Bill"
title: "Relating to the financial administration of the Oregon Watershed Enhancement Board; and declaring an emergency."
description: "Limits expenditures of lottery funds from the Watershed Conservation Grant Fund for local grant expenditures by the Oregon Watershed Enhancement Board for a six-year period beginning July 1, 2025. Declares an emergency, effective July 1, 2025."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2025R1"
identifier: "HB 5040"
citation: "Oregon HB 5040 (2025R1)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 2
action_count: 20
vote_count: 3
first_action: "2025-01-13T16:01:32+00:00"
last_action: "2025-08-07T21:11:07+00:00"
source: "openstates"
source_identifier: "ocd-bill/ea8f1390-5db3-419e-8a77-54895cbbee03"
source_url: "https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB5040"
source_hash: "7a51b316daefa838fba6471a0ffa46a8e000127add4d5692319ae6437600af31"
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 5040 (2025R1) — Relating to the financial administration of the Oregon Watershed Enhancement Board; and declaring an emergency.

Limits expenditures of lottery funds from the Watershed Conservation Grant Fund for local grant expenditures by the Oregon Watershed Enhancement Board for a six-year period beginning July 1, 2025. Declares an emergency, effective July 1, 2025.

## Version chain

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

1. **Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB5040/Introduced)
2. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB5040/Enrolled)

## Votes

- Heard and Reported Out — **44–2** (pass) · legislature
- Third reading. Carried by Levy E. Passed. — **56–0** (pass) · lower
- Third reading. Carried by Anderson. Passed. — **27–2** (pass) · upper

## 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 Ways and Means. `referral-committee`
- **2025-02-25T23:01:00+00:00** Informational Meeting held.
- **2025-02-26T23:01:00+00:00** Public Hearing held.
- **2025-01-19T02:39:00+00:00** Assigned to Subcommittee On Natural Resources. `referral-committee`
- **2025-06-02T22:03:00+00:00** Returned to Full Committee.
- **2025-06-02T22:02:00+00:00** Work Session held.
- **2025-06-06T15:32:00+00:00** Work Session held.
- **2025-06-11T17:00:59+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2025-06-11T18:03:44+00:00** Second reading. `reading-2`
- **2025-06-12T17:56:27+00:00** Third reading. Carried by Levy E. Passed. `passage, reading-3`
- **2025-06-16T21:50:24+00:00** First reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2025-06-16T22:14:51+00:00** Referred to Ways and Means. `referral-committee`
- **2025-06-18T16:17:06+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2025-06-18T18:58:33+00:00** Second reading. `reading-2`
- **2025-06-19T22:16:58+00:00** Third reading. Carried by Anderson. Passed. `passage, reading-3`
- **2025-06-23T22:20:07+00:00** Speaker signed. `passage`
- **2025-06-24T15:35:06+00:00** President signed. `passage`
- **2025-07-18T02:25:24+00:00** Governor signed. `executive-signature`
- **2025-08-07T21:11:07+00:00** Chapter 528, (2025 Laws): Effective date July 17, 2025.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ea8f1390-5db3-419e-8a77-54895cbbee03`. Confidence: reported (aggregated from official Oregon legislature records).