Relating to the Moda Center; and declaring an emergency.
Effective date, March 31, 2026.
Summary
The bill lets the Oregon Department of Administrative Services (DAS) form a joint authority with public bodies to own and manage the Moda Center. It creates the Oregon Arena Fund, funded by specific taxes on wages and performer income in the Rose Quarter, and sets strict conditions before the state can issue debt for the arena. Quarterly reports to the legislature are required, and the law takes effect immediately as an emergency measure.
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