On February 21, 2026, the state of Oregon announced significant reforms to its commercial laws aimed at supporting small businesses and promoting economic growth. The new laws, which come into effect immediately, are expected to streamline business operations, enhance consumer protections, and create a more business-friendly environment in the state.One of the key changes introduced by the new laws is the simplification of licensing requirements for small businesses. Under the old system, many small businesses in Oregon were burdened with complex and costly licensing procedures, making it difficult for them to compete with larger corporations. The new laws eliminate unnecessary red tape and streamline the licensing process, making it easier for small businesses to operate and grow.In addition to easing licensing requirements, the new commercial laws also strengthen consumer protections in Oregon. One of the key provisions is the establishment of a consumer protection agency tasked with investigating and prosecuting cases of fraud, deception, and unfair business practices. This agency will work closely with small businesses to ensure that they are in compliance with state regulations and provide consumers with greater confidence in the products and services they purchase.Furthermore, the new laws also include provisions aimed at promoting transparency and accountability in business transactions. For example, businesses are now required to disclose any conflicts of interest that may arise in their dealings with customers or other businesses. This measure is designed to prevent unethical or fraudulent behavior and foster a culture of trust and fairness in the business community.Overall, the introduction of these new commercial laws represents a major step forward for small businesses in Oregon. By simplifying licensing requirements, strengthening consumer protections, and promoting transparency, the state is creating a more supportive and conducive environment for businesses to thrive. It is hoped that these reforms will help boost economic growth, create jobs, and improve the overall competitiveness of Oregon's business community.