Relating to funding the manufacture of electric vehicles in Oregon; declaring an emergency.
Catchline/Summary:
Directs the Oregon Business Development Department to distribute moneys available through the federal State Small Business Credit Initiative to Lit Motors, Inc., to fund the manufacture of electric vehicles in Oregon, with attendant economic benefits. Digest: The Act would give federal funds marked for small business to Lit Motors, Inc., to fund its making of electric vehicles in this state. (Flesch Readability Score: 62.6).
Directs the Oregon Business Development Department to distribute moneys available through the federal State Small Business Credit Initiative to Lit Motors, Inc., to fund the manufacture of electric vehicles in Oregon, with attendant economic benefits.
Declares an emergency, effective on passage.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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