Legislature approves $100M emergency fund along with special purpose appropriations

June 24, 2025 | Legislative, Oregon

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Legislature approves $100M emergency fund along with special purpose appropriations

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

The Joint Committee on Ways and Means Subcommittee on Capital Construction convened on June 24, 2025, to discuss significant budget adjustments and appropriations for the upcoming biennium. The meeting highlighted a total of $100 million allocated to a general purpose emergency fund, alongside $696.2 million designated for seven special purpose appropriations to the emergency board.

Key investments discussed included $125.8 million from the general fund, which encompasses funding for various critical areas: $40.5 million for wildfire management, $17 million for long-term care workforce development, $15 million for immigration legal services, $14.9 million for housing initiatives, $10.2 million for economic development, and $5 million for illegal marijuana enforcement.

In addition to these appropriations, the committee reviewed $77.6 million in general funds earmarked for capital projects across various organizations. Debt service was also addressed, totaling $64.9 million from the general fund and $12.1 million from lottery funds, related to the issuance of new bonds for the 2025-2027 biennium.

The committee moved forward with the adoption of six budget notes recommended for inclusion in House Bill 5,506. These notes were discussed and approved without opposition, reflecting a collaborative effort to ensure comprehensive financial planning for the state’s needs.

Overall, the meeting underscored the committee's commitment to addressing pressing issues through targeted funding while maintaining transparency and accountability in the budget process. The next steps will involve further discussions and approvals as the legislative session progresses.

Converted from Joint Committee On Ways and Means Subcommittee On Capital Construction 06/24/2025 8:00 AM meeting on June 24, 2025
Link to Full Meeting

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