Digest: The Act governs bonding by the state for the biennium. (Flesch Readability Score: 78.2).
Establishes amounts authorized for issuance of general obligation bonds, revenue bonds, certificates of participation and other financing agreements for the biennium.
Establishes amounts allocated for private activity bonds.
Authorizes general obligation bonding for the Interstate 5 bridge replacement project for future biennia.
Makes legislative findings regarding benefits to higher education institutions and community colleges from the issuance of bonds under Article XI-F(1) and Article XI-G of the Oregon Constitution.
Requires a constructing authority to make certain certifications before issuance of bonds under Article XI-G of the Oregon Constitution.
Declares an emergency, effective July 1, 2025.