l9n/ Oregon

2007 Regular Session

Senate Bill 592

Authorizes Director of Department of Consumer and Business Services to set by rule filing fee for credit union articles of incorporation and bylaws.

Became law as Chapter 343, Oregon Laws 2007, signed June 11, 2007, 117 days after it was filed. In force from January 1, 2008.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Authorizes Director of Department of Consumer and Business Services to set by rule filing fee for credit union articles of incorporation and bylaws.</b> Permits credit unions to establish additional places of business for fee that Director of Department of Consumer and Business Services sets by rule. Removes requirement that credit union's charitable donations or contributions be subject to rules of Director of Department of Consumer and Business Services. Permits credit union to sell checks, money orders and other money transfer instruments to credit union members and to cash checks or money orders and send or receive domestic or international electronic funds transfers. <b>Limits fees credit unions may charge for cashing checks or money orders.</b> Permits credit unions that have primarily low-income membership to accept deposits from persons that are not members and to issue uninsured secondary capital accounts subordinate to other claims against credit union. Removes requirement that credit union member inform credit union in writing of member's intention to withdraw. Permits credit union, rather than credit union board of directors, to expel credit union member for certain reasons, establishes notification required for expulsion and requires opportunity for member to apply for reinstatement. Permits person who is not credit union member to be guarantor or coobligor on loan to credit union member. <i>Declares emergency, effective on passage.</i>].

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

    1 co-sponsor

    SBTW

    Its course

    February 14 to June 21, 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 action27 actions on 26 days

    In the SenateFeb 14 to Apr 2368 days

    Waiting for a committeeFeb 14 to Feb 162 days

    In the House of RepresentativesApr 23 to May 2532 days

    Waiting for a committeeApr 23 to Apr 252 days

    Business and LaborApr 25 to May 1116 days

    With the GovernorMay 25 to Jun 1117 days

    Votes

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

    • Senate, third reading30–0

      Passed · Apr 23

    • House of Representatives, third reading50–0

      Passed · May 25 · 10 present

    Amendments

    Each amendment offered, and what became of it.

    • Senate committee amendmentAdopted

      Adopted Apr 17

    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 Feb 14 – Apr 23

    1. Introduced
    2. Sent to Business, Transportation and Workforce Development
    3. Heard in Business, Transportation and Workforce Development
    4. Heard in Business, Transportation and Workforce Development
    5. Business, Transportation and Workforce Development recommended it as amended
    6. Read a second time
    7. Passed the Senate, 30 to 0

    In the House of Representatives Apr 24 – May 25

    1. Arrived in the House of Representatives
    2. Sent to Business and Labor
    3. Heard in Business and Labor
    4. Business and Labor recommended it
    5. Read a second time
    6. Passed the House of Representatives, 50 to 0

    To the Governor Jun 1 – Jun 21

    1. Signed in the Senate
    2. Signed in the House of Representatives
    3. Signed by the Governor
    4. Became chapter 343 of Oregon Laws 2007
    5. In force from January 1, 2008
    All 27 actions, as published