State Representative David Gomberg (D-Central Coast) is pursuing legislation to create a framework to help small businesses recover following major natural disasters.
“Oregon faces potential threats from fires, flooding, earthquakes and tsunamis,” said Gomberg. “In 2017, fires on the south coast resulted in a 60% decline in local business and forced some small enterprises to close. The question is, what resources do we have to help those businesses re-open and get back on their feet?”
HB 4025 requires the Legislative Policy and Research Director to study methods for supporting economic resilience in communities affected by Governor declared emergencies or disasters. The research will be completed by Legislative Policy and Research Office staff assigned to the House Committee on Economic Development and Trade, on which Rep. Gomberg serves as chair.
“It is my hope that this legislation will serve as the first important step to ensuring that no small business in Oregon has to shutter due to a disaster beyond its control,” Gomberg continued. “Given the ever-present threat of a major Cascadia event, the time to act is now. Waiting until after a disaster would be too-little, too-late for the many businesses on the Oregon coast and beyond.”
HB 4025 calls for the study to be completed by September 15, 2018. Following the findings of the study, work would begin on finding ways for small businesses to access loan funds following natural disasters.
Those wishing to learn more about HB 4025 and other legislation of the 2018 legislative session are encouraged to contact Rep. Gomberg or their other state elected officials.
Rep. David Gomberg
Oregon House District 10
900 Court St NE H-471
Salem, OR 97301