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SB 1584
This proposal did not become law. The bill would have created a pilot program allowing agricultural and forestland owners in the Coquille and Coos watersheds to generate and sell salmon habitat restoration credits to permittees needing compensatory mitigation. It would have established a trust fund that pays landowners half of the credit price upfront and annual dividends from the other half, would have required federal bank instrument approval before activation, caps new project approvals after six years, and increases compliance costs for developers while providing long-term funding for private land-based habitat restoration.
Generated explanation · Introduced · Analyzed 8/19/2026 · Open official Introduced text
This proposal did not become law.
Generated analysis of Introduced text; it does not establish that the bill applies to you. Read the full decision brief.
No upcoming event is verified in the available records.
Plain-language analysis
Generated analysis, not an official summary or legal advice. Confirm with linked Oregon documents.
This proposal did not become law. The generated effects below describe what it would have required if enacted.
The bill would have created a pilot program allowing agricultural and forestland owners in the Coquille and Coos watersheds to generate and sell salmon habitat restoration credits to permittees needing compensatory mitigation. It would have established a trust fund that pays landowners half of the credit price upfront and annual dividends from the other half, would have required federal bank instrument approval before activation, caps new project approvals after six years, and increases compliance costs for developers while providing long-term funding for private land-based habitat restoration.
Basis: Bill text · Source: Introduced
The measure expressly states its purpose is to encourage voluntary salmonid habitat restoration by creating financial incentives for landowners and allowing permit compliance through purchased credits within the Coquille and Coos watershed basins.
Basis: Bill text · Source: Introduced
Inferred from cited text; not a stated purpose.
The text suggests an attempt to align state mitigation banking with federal requirements to streamline regional development permits while generating private funding for ecological restoration, as evidenced by provisions requiring USACE bank instrument approval, setting credit prices at double average costs, and limiting credit use to specific watersheds.
Basis: Inferred · Source: Introduced
Could have restored habitat to generate credits, receive upfront payments and annual dividends, and retain existing agricultural or forestland tax assessments for restored parcels.
Basis: Bill text · Source: Introduced
Would have had to purchase salmon credits to satisfy compensatory mitigation conditions for would have permitted or violations, facing higher compliance costs due to the mandated pricing structure.
Basis: Bill text · Source: Introduced
Potential effect if enacted: Bear rulemaking, project certification, triennial inspection, trust fund management, and federal coordination responsibilities.
Basis: Bill text · Source: Introduced
Potential effect if enacted: Receive implementation fees charged by DSL to cover program administration.
Basis: Bill text · Source: Introduced
Landowners might have initiated restoration projects to secure long-term income streams; developers would have shifted from on-site mitigation to credit purchases.
Basis: Bill text · Source: Introduced
Generators would have had to maintain habitat, record preservation instruments with access easements, and pass triennial inspections. DSL would have had to rulemake, manage the trust fund, and secure federal authorization.
Basis: Bill text · Source: Introduced
Credits are priced at double the average restoration cost. DSL might have charged administrative fees to applicants and purchasers.
Basis: Bill text · Source: Introduced
Potential effect if enacted: Eligibility is restricted to qualifying agricultural/forestland parcels in the Coquille and Coos watersheds that meet state and federal criteria.
Basis: Bill text · Source: Introduced
DSL inspects projects every three years, could have revoked dividend rights if success criteria are unmet, and might have used fund assets to purchase replacement credits.
Basis: Bill text · Source: Introduced
Would have required recorded access easements granting DSL entry to restored parcels.
Basis: Bill text · Source: Introduced
Program activation would have depended entirely on securing federal bank instrument approval; failure to obtain it leaves the statute dormant despite legislative passage.
Basis: Bill text · Source: Introduced
Regional ecosystem and development sector
Potential effect if enacted: A large-scale, multi-year restoration initiative permanently rehabilitates degraded salmonid habitat across private lands, generating sustained dividend income for landowners while providing a reliable, cost-effective mitigation pathway that accelerates regional infrastructure and housing development.
Basis: Inferred · Source: Introduced
Developers and private landowners
Potential effect if enacted: Federal approval is delayed indefinitely or denied, leaving the program inactive; developers face permit bottlenecks or are forced to pay inflated credit prices if DSL sets restoration costs poorly, while landowners bear upfront ecological and financial risks without guaranteed buyers.
Basis: Inferred · Source: Introduced
The text would have authorized price setting and fee collection but does not prescribe independent ecological auditing standards or limit administrative scope, creating gaps where misclassification of habitat value or regulatory overreach could have occured.
Sources · Introduced
Potential effect if enacted: The measure trades higher compliance costs and administrative complexity for a structured, market-based funding mechanism that incentivizes private landowners to restore salmon habitat in specific watersheds.
Potential effect if enacted: Predictable funding for restoration through trust fund dividends.
Basis: Bill text · Source: Introduced
Potential effect if enacted: Streamlined permit compliance for developers via credit purchases.
Basis: Bill text · Source: Introduced
Potential effect if enacted: Permanent habitat protection via recorded preservation instruments and access easements.
Basis: Bill text · Source: Introduced
Potential effect if enacted: Retention of agricultural or forestland tax assessments for restored parcels.
Basis: Bill text · Source: Introduced
Potential effect if enacted: Double-cost pricing increases developer compliance expenses.
Basis: Bill text · Source: Introduced
Dependency on federal approval would have created implementation risk and potential program dormancy.
Basis: Bill text · Source: Introduced
Potential effect if enacted: Long-term trust fund management and dividend calculations introduce financial and ecological monitoring burdens.
Basis: Bill text · Source: Introduced
Model self-rating: high. Analysis is strictly derived from the single introduced bill-text version provided. No external data, staff analysis, or fiscal estimates were available for verification. This is the model’s assessment of its own analysis, not independent verification or human review.
6 records currently loaded
Records available in the current snapshot.
Earliest loaded signal
Introduced bill text posted
Posted Jan 28, 2026, 3:25 PM PST
Not a qualifying replacement
Only the introduced version is available as adopted text; no qualifying replacement is established.
AI assessment dated 2026-09-29. This classification is separate from enactment and legal effect.
Evidence snapshot: 2026-09-29. Later legislative records are not automatically reassessed.
Policy purpose: broadly retained.
Reviewer: /root/review_recent_a · 2026-09-29
Not a qualifying replacement
Only the introduced version is available as adopted text; no qualifying replacement is established.
Policy purpose: broadly retained.
“SECTION 1. Sections 2 to 8 of this 2026 Act are added to and made a part of ORS 196.600 6 to 196.921. 7 SECTION 2. As used in sections 2 to 8 of this 2026 Act: 8 (1) “Compensatory mitigation” has the meaning given that term in ORS 196.600. 9 (2) “Credit generator” means an agricultural land or forestland owner that”
Introduced
“SECTION 1. Sections 2 to 8 of this 2026 Act are added to and made a part of ORS 196.600 6 to 196.921. 7 SECTION 2. As used in sections 2 to 8 of this 2026 Act: 8 (1) “Compensatory mitigation” has the meaning given that term in ORS 196.600. 9 (2) “Credit generator” means an agricultural land or forestland owner that”
Introduced
Reviewer: /root/review_recent_b · 2026-09-29
Not a qualifying replacement
No replacement transition is documented.
Policy purpose: broadly retained.
“SECTION 1. Sections 2 to 8 of this 2026 Act are added to and made a part of ORS 196.600 6 to 196.921. 7 SECTION 2. As used in sections 2 to 8 of this 2026 Act: 8 (1) “Compensatory mitigation” has the meaning given tha”
Introduced
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No deeper official pre-number history was found.
Chief sponsors: Senator David Brock Smith, Representative Court Boice, Senator Dick Anderson, Representative Boomer Wright
Regular sponsors: Senator Fred Girod, Senator Mark Meek, Senator Suzanne Weber, Representative Matt Bunch, Representative Paul Evans, Representative Darin Harbick, Representative Jeffrey Helfrich, Representative Ken Helm, Representative Bobby Levy, Representative John Lively, Representative Virgle Osborne, Representative Sue Rieke Smith
Records already listed in Activity are not repeated here.
Official origin records are incomplete; missing facts are not inferred.
6 events
Full timeline
6 entries shown.
In committee upon adjournment.
Public Hearing held.
Public Hearing
Heard · Agenda item 6 · Room HR D · Directs the Department of State Lands, in consultation with the State Department of Fish and Wildlife, to develop a salmon credit pilot program to encourage the voluntary restoration of salmonid habitat in the Coquille and Coos watershed basins.
Referred to Natural Resources and Wildfire, then Ways and Means.
Introduction and first reading. Referred to President's desk.
rk or suspected bite mark. BACKGROUND: In 2022, the Legislative Assembly passed Senate Bill 1584, codified as Oregon Revised Statutes 30.657 and 30.659, to provide $65,000 in c
2 SB 1515 A STAFF MEASURE SUMMARY BACKGROUND: In 2022, the legislature passed Senate Bill 1584, codified as Oregon Revised Statutes 30.657 and 30.659, to provide $65,000 in c
“Directs the Department of State Lands, in consultation with the State Department of Fish and Wildlife, to develop a salmon credit pilot program to encourage the voluntary restoration of salmonid habitat in the Coquille and Coos watershed basins.”
Confirm with the official record.
Supplemental, source-linked analysis from project researchers and community contributors. It is separate from Oregon's official record.