Moda Center funding bill moves from committee to Oregon Senate vote

S.B. 1501 would direct tax revenue generated by Moda Center events to a fund to pay for operations and an expected $600 million in renovations.

PORTLAND, Ore. — This story comes from the Portland Business Journal, a KGW News partner. The full story is here.

A bill to fund improvements to Portland’s 30-year-old Moda Center is moving toward approval in the final week of Oregon’s short legislative session.

Senate Bill 1501 would direct tax revenue generated by Moda Center events to a fund to pay for operations and an expected $600 million in renovations for the Portland Trail Blazers’ home arena.

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