Treasurer calls for economic development powerhouse

Treasurer calls for economic development powerhouse

Oregon State Treasurer Ted Wheeler is gathering support for his plan to consolidate state business assistance programs.

Wheeler says his plan would provide a more focused and dedicated source of funds for economic development across the state, instead of scattered efforts of the past by different agencies.
After touring the state for several months to get feedback from business owners, Wheeler is proposing a two-step plan, starting with a bill he hopes to pass in next month’s session of the Oregon Legislature. House Bill 4040, dubbed the Oregon Investment Act, would establish the Oregon Growth Board, with most of the members appointed by the governor and working closely with the staff of the state’s economic development department, Business Oregon.

Read more at The Portland Tribune.

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