republic-os/legislation/us/states/or/2018-regular-session/sb-1516.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Relating to a small business expansion loan fund.	Establishes Small Business Expansion Loan Fund to be administered by Oregon Business Development Department for purpose of making loans of early stage growth capital to individuals and business entities with 50 or fewer employees that may not be able to obtain adequate traditional commercial or private financing to meet operational and growth needs. <b>Provides that no individual loan may be made for amount greater than $2 million.</b>	us/states/or	Oregon Legislative Assembly	2018 Regular Session	SB 1516	Oregon SB 1516 (2018 Regular Session)	bill		enacted	Ginny Burdick Lee Beyer	6	24	4	2018-01-22T18:07:44+00:00	2018-04-11T18:56:56+00:00	openstates	ocd-bill/868ccf16-2f5b-4cea-8892-a30ebefd8141	https://olis.leg.state.or.us/liz/2018R1/Measures/Overview/SB1516	0a7bfff929d0c5c06dfb6e3adfc03d55b401223a4b917f931bf71b12efca6070	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-or

Oregon SB 1516 (2018 Regular Session) — Relating to a small business expansion loan fund.

Establishes Small Business Expansion Loan Fund to be administered by Oregon Business Development Department for purpose of making loans of early stage growth capital to individuals and business entities with 50 or fewer employees that may not be able to obtain adequate traditional commercial or private financing to meet operational and growth needs. Provides that no individual loan may be made for amount greater than $2 million.

Version chain

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

1. Introduced (filed) — source
2. Senate Amendments to Introduced (filed) — [source](https://olis.leg.state.or.us/liz/2018R1/Downloads/MeasureDocument/SB1516/Senate Amendments to Introduced)
3. A-Engrossed (committee substitute) — source
4. B-Engrossed (committee substitute) — source
5. Senate Amendments to A-Engrossed (committee substitute) — [source](https://olis.leg.state.or.us/liz/2018R1/Downloads/MeasureDocument/SB1516/Senate Amendments to A-Engrossed)
6. Enrolled (enrolled) — source

Votes

• Heard and Reported Out with Amendments — 4–0 (pass) · legislature
• Third reading. Carried by Gomberg. Passed. — 55–3 (pass) · legislature
• Heard and Reported Out with Amendments — 36–2 (pass) · legislature
• Rules suspended. Third reading. Carried by Burdick. Passed. — 29–0 (pass) · legislature

Sponsors

• Ginny Burdick — primary (person)
• Lee Beyer — primary (person)
• Arnie Roblan — cosponsor (person)
• Betsy Johnson — cosponsor (person)
• Caddy McKeown — cosponsor (person)
• Cedric Hayden — cosponsor (person)
• Chuck Riley — cosponsor (person)
• Chuck Thomsen — cosponsor (person)
• Elizabeth Steiner Hayward — cosponsor (person)
• Floyd Prozanski — cosponsor (person)
• James Manning Jr. — cosponsor (person)
• Janeen Sollman — cosponsor (person)
• Janelle Bynum — cosponsor (person)
• Jeffrey Helfrich — cosponsor (person)
• Julie Parrish — cosponsor (person)
• Kathleen Taylor — cosponsor (person)
• Ken Helm — cosponsor (person)
• Laurie Monnes Anderson — cosponsor (person)
• Lew Frederick — cosponsor (person)
• Mark Hass — cosponsor (person)
• Michael Dembrow — cosponsor (person)
• Peter Courtney — cosponsor (person)
• Rod Monroe — cosponsor (person)
• Sara Gelser — cosponsor (person)

Timeline

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

• 2018-01-22T18:07:44+00:00 Presession Released to the Public.
• 2018-02-05T15:42:35+00:00 Introduction and first reading. Referred to President's desk. introduction, reading-1, referral-committee
• 2018-02-05T16:42:14+00:00 Referred to Business and Transportation, then Ways and Means. referral-committee
• 2018-02-07T23:02:00+00:00 Public Hearing and Work Session held.
• 2018-02-08T22:34:43+00:00 Recommendation: Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.) committee-passage-favorable
• 2018-02-08T22:34:44+00:00 Referred to Ways and Means by prior reference. referral-committee
• 2018-02-26T18:09:00+00:00 Assigned to Subcommittee On Transportation and Economic Development. referral-committee
• 2018-02-27T21:03:00+00:00 Returned to Full Committee.
• 2018-02-27T21:02:00+00:00 Work Session held.
• 2018-03-01T00:02:00+00:00 Work Session held.
• 2018-03-01T20:57:59+00:00 Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.) Amendments distributed. committee-passage-favorable
• 2018-03-01T20:58:00+00:00 Second reading. reading-2
• 2018-03-01T23:46:40+00:00 Rules suspended. Third reading. Carried by Burdick. Passed. passage, reading-3
• 2018-03-02T00:20:34+00:00 First reading. Referred to Speaker's desk. introduction, reading-1, referral-committee
• 2018-03-02T01:30:15+00:00 Referred to Ways and Means. referral-committee
• 2018-03-01T23:47:40+00:00 Johnson declared potential conflict of interest.
• 2018-03-02T21:27:11+00:00 Recommendation: Do pass. committee-passage-favorable
• 2018-03-02T21:55:52+00:00 Second reading. reading-2
• 2018-03-03T23:44:11+00:00 Third reading. Carried by Gomberg. Passed. passage, reading-3
• 2018-03-06T23:56:11+00:00 President signed. passage
• 2018-03-07T00:24:00+00:00 Speaker signed. passage
• 2018-04-03T20:15:14+00:00 Governor signed. executive-signature
• 2018-04-11T18:48:02+00:00 Chapter 71, 2018 Laws.
• 2018-04-11T18:56:56+00:00 Effective date, January 1, 2019.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/868ccf16-2f5b-4cea-8892-a30ebefd8141. Confidence: reported (aggregated from official Oregon legislature records).