l9n/ Oregon

2007 Regular Session

Senate Bill 48

Establishes Rainy Day Savings Account.

Did not become law. It stopped in the House of Representatives's Revenue Committee on June 28, 2007. The 2007 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Establishes Rainy Day Savings Account. Requires that if revenues from corporate income and excise taxes exceed two percent of estimate for biennium, total amount of excess be transferred to account. Requires that after ending balance for biennium is determined, amount equal to one percent of General Fund appropriations for biennium be transferred from ending balance to account. Requires that if ending balance does not equal or exceed one percent of General Fund appropriations, entire ending balance be transferred to account. Establishes Education Capital Construction Account. Specifies that moneys in account may be used only for capital construction projects for public education. Requires that if moneys in Rainy Day Savings Account equal 10 percent of General Fund revenues collected during prior biennium, moneys that otherwise would have been transferred to Rainy Day Savings Account be transferred to Education Capital Construction Account. Provides that Legislative Assembly may appropriate moneys from Rainy Day Savings Account only under specified conditions. Does not take effect unless voters approve Senate Joint Resolution 3 (2007) at special election. Takes effect on 91st day following adjournment of Seventy-fourth Legislative Assembly if voters approve resolution.

Its course

January 8 to June 28, 2007, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action26 actions on 17 days

In the SenateJan 8 to Mar 657 days

Waiting for a committeeJan 8 to Jan 124 days

Finance and RevenueJan 12 to Feb 26 · moved on45 days

EducationFeb 26 to Feb 260 days

Ways and MeansFeb 26 to Feb 28 · moved on2 days

In the House of RepresentativesMar 6 to Jun 28 · stopped114 days

Waiting for a committeeMar 6 to Mar 71 day

Ways and MeansMar 7 to Mar 70 days

RevenueMar 15 to Jun 28 · stopped105 days

Votes

Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.

  • Senate, third reading21–7

    Passed · Mar 6 · 2 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Feb 26

  • Senate committee amendmentAdopted

    Adopted Mar 2

Text

Each version as the Legislative Assembly printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.

In the Senate Jan 8 – Mar 6

  1. Jan 8Introduced
  2. Jan 12Sent to Finance and Revenue
  3. Feb 1Heard in Finance and Revenue
  4. Feb 5Heard in Finance and Revenue
  5. Feb 15Heard in Finance and Revenue
  6. Feb 26Sent to Education Subcommittee
  7. Education Subcommittee recommended it as amended
  8. Sent to Ways and Means
  9. Feb 28Heard in Ways and Means
  10. Returned to Ways and Means
  11. Mar 2Heard in Ways and Means
  12. Ways and Means recommended it as amended
  13. Mar 5Read a second time
  14. Mar 6Passed the Senate, 21 to 7

In the House of Representatives Mar 7 – Jun 28

  1. Mar 7Arrived in the House of Representatives
  2. Sent to Ways and Means
  3. Ways and Means recommended it
  4. Mar 8Read a second time
  5. Mar 15Read a third time
  6. Sent to Revenue
  7. Jun 28Died when the session ended
All 26 actions, as published
  1. Jan 8Introduction and first reading. Referred to President's desk.Senate
  2. Jan 12Referred to Finance and Revenue.Senate
  3. Feb 1Public Hearing held.Senate
  4. Feb 5Public Hearing held.Senate
  5. Feb 15Work Session held.Senate
  6. Feb 26Assigned to Subcommittee On Education.Senate
  7. Feb 26Possible Reconsideration and Work Session cancelled.Senate
  8. Feb 26Recommendation: Do Pass with amendments (Printed A-Eng.)Senate
  9. Feb 26Referred to Ways and Means by order of the President.Senate
  10. Feb 28Public Hearing and Work Session held.Senate
  11. Feb 28Returned to Full Committee.Senate
  12. Mar 2Work Session held.Senate
  13. Mar 2Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)Senate
  14. Mar 5Second reading.Senate
  15. Mar 6Made a Special Order of Business by unanimous consent.Senate
  16. Mar 6Third reading. Carried by Deckert. Passed.Senate
  17. Mar 7First reading. Referred to Speaker's desk.House of Representatives
  18. Mar 7Referred to Ways and Means.House of Representatives
  19. Mar 7Recommendation: Do pass.House of Representatives
  20. Mar 8Second reading.House of Representatives
  21. Mar 12Rules suspended. Carried over to March 13, 2007 Calendar.House of Representatives
  22. Mar 13Rules suspended. Carried over to March 14, 2007 Calendar.House of Representatives
  23. Mar 14Rules suspended. Carried over to March 15, 2007 Calendar.House of Representatives
  24. Mar 15Third reading.House of Representatives
  25. Mar 15Motion to rerefer to Revenue carried. Rereferred.House of Representatives
  26. Jun 28In committee upon adjournment.House of Representatives