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Authorizes the Oregon Department of Administrative Services to enter into agreements to own and oversee the operations of the Moda Center in the City of Portland. Provides that agreements may not pledge or obligate state moneys except for moneys in the Oregon Arena Fund. Creates the Oregon Arena Fund in the State Treasury. Dedicates certain tax revenues related to work in and around the Moda Center to the fund. Sets forth prerequisite conditions for tax diversion and debt issuance. Sets forth mandatory provisions of agreements relating to the Moda Center. Declares an emergency, effective on passage.
Introduced
Feb 9, 2026
Last Action
Apr 6, 2026
Session
OR 2026R1
Sponsors
6 primary · 6 co
Chapter 74, 2026 Laws.
Effective date, March 31, 2026.
Governor signed.
President signed.
Speaker signed.
Vote explanation(s) filed by Chotzen.
Third reading. Carried by Bowman. Passed.
Second reading.
Second reading.
First reading. Referred to Speaker's desk.
Recommendation: Do pass.
Vote explanation(s) filed by Frederick, Patterson, Pham, Sollman.
Referred to Ways and Means.
Rules suspended. Third reading. Carried by President Wagner, Lieber. Passed.
Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)
Returned to Full Committee.
Work Session held.
Assigned to Subcommittee On Capital Construction.
Recommendation: Do pass with amendments and be referred to Ways and Means. (Printed A-Eng.)
Referred to Ways and Means by order of the President.
Work Session held.
Public Hearing held.
Public Hearing held.
Referred to Rules.
Introduction and first reading. Referred to President's desk.
SB 1501 was introduced on Feb 9, 2026 by Lew Frederick in OR session 2026R1. It is currently signed. Most recent action on Apr 6, 2026: Chapter 74, 2026 Laws..
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Effective date, March 31, 2026.