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On February 25, 2026, the Oregon State Legislature passed a new commercial law aimed at boosting small business growth across the state. The legislation, known as the Small Business Support Act, includes several provisions designed to support entrepreneurs and help them navigate the challenges of starting and growing a business in Oregon.One key aspect of the new law is the creation of a Small Business Assistance Fund, which will provide financial support to small businesses in need of capital to start or expand their operations. The fund will be administered by the Oregon Business Development Department and will offer low-interest loans and grants to qualifying small businesses.Additionally, the Small Business Support Act includes measures to streamline the process of starting a business in Oregon. This includes creating a one-stop online portal where entrepreneurs can access information on licensing, permitting, and other regulatory requirements. The legislation also mandates the establishment of a Small Business Advisory Board, which will provide guidance and support to small business owners.In a statement following the passage of the bill, Governor Kate Brown emphasized the importance of supporting small businesses as the backbone of Oregon's economy. "Small businesses are the lifeblood of our communities, and we must do everything we can to support their growth and success," Governor Brown said. "This new commercial law will provide much-needed resources and assistance to entrepreneurs across the state, helping them thrive and create jobs."The Small Business Support Act received bipartisan support in the legislature, with lawmakers from both parties praising the bill's potential to boost economic growth and job creation in Oregon. State Senator John Smith, a co-sponsor of the legislation, highlighted the importance of fostering a business-friendly environment in the state. "By supporting small businesses, we are investing in the future of Oregon and ensuring that our communities continue to thrive," Senator Smith said.Overall, the passage of the Small Business Support Act represents a significant step forward for small businesses in Oregon. With new resources and support available, entrepreneurs across the state will have greater opportunities to succeed and contribute to the economic prosperity of Oregon.