Became law as Chapter 478, Oregon Laws 2011, signed June 23, 2011, 163 days after it was filed. In force from June 23, 2011.
2011 Regular Session
House Bill 2614
Removes requirement that institution reduce book value of real estate that institution holds under certain provision of law by certain amount each year.
What it does
The synopsis the Legislative Assembly published with the bill.
Removes requirement that institution reduce book value of real estate that institution holds under certain provision of law by certain amount each year. <b>Requires that institution at all times value and record such real estate in accordance with generally accepted accounting principles. Reduces amount of time by which financial institution must sell or exchange real estate acquired in satisfaction of debts owed or purchased at execution sale or under judgment.</b> Declares emergency, effective on passage.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
January 11 to June 23, 2011, 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 action20 actions on 19 days
In the House of RepresentativesJan 11 to Feb 2141 days
Waiting for a committeeJan 11 to Jan 2110 days
Business and LaborJan 21 to Feb 1121 days
In the SenateFeb 21 to Jun 10109 days
Waiting for a committeeFeb 21 to Mar 18 days
General Government, Consumer and Small Business ProtectionMar 1 to Jun 899 days
Back in the House of RepresentativesJun 10 to Jun 177 days
With the GovernorJun 17 to Jun 236 days
Votes
Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.
House of Representatives, third reading53–6
Passed · Feb 21 · 1 present
Senate, third reading27–0
Passed · Jun 10 · 3 present
House of Representatives, concurrence58–1
Agreed to the other chamber's changes · Jun 14 · 1 present
Amendments
Each amendment offered, and what became of it.
Senate committee amendmentAdopted
Adopted Jun 8
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 House of Representatives Jan 11 – Feb 21
- Jan 11Introduced
- Jan 21Sent to Business and Labor
- Feb 7Heard in Business and Labor
- Feb 9Heard in Business and Labor
- Feb 11Business and Labor recommended it
- Feb 14Read a second time
- Feb 21Passed the House of Representatives, 53 to 6
In the Senate Feb 22 – Jun 10
- Feb 22Arrived in the Senate
- Mar 1Sent to General Government, Consumer and Small Business Protection
- May 23Heard in General Government, Consumer and Small Business Protection
- Jun 1Heard in General Government, Consumer and Small Business Protection
- Jun 8General Government, Consumer and Small Business Protection recommended it as amended
- Jun 9Read a second time
- Jun 10Passed the Senate, 27 to 0
Back in the House of Representatives Jun 14 – Jun 17
- Jun 14The House of Representatives agreed to the Senate's amendments and passed it again, 58 to 1
- Jun 17Signed in the House of Representatives
To the Governor Jun 20 – Jun 23
- Jun 20Signed in the Senate
- Jun 23Signed by the Governor
- Became chapter 478 of Oregon Laws 2011, in force from June 23, 2011
All 20 actions, as published
- Jan 11First reading. Referred to the desks of the Co-Speakers.House of Representatives
- Jan 21Referred to Business and Labor.House of Representatives
- Feb 7Public Hearing held.House of Representatives
- Feb 9Work Session held.House of Representatives
- Feb 11Recommendation: Do pass.House of Representatives
- Feb 14Second reading.House of Representatives
- Feb 16Rules suspended. Carried over to February 21, 2011 Calendar.House of Representatives
- Feb 21Third reading. Carried by Kennemer. Passed.House of Representatives
- Feb 22First reading. Referred to President's desk.Senate
- Mar 1Referred to General Government, Consumer and Small Business Protection.Senate
- May 23Public Hearing held.Senate
- Jun 1Work Session held.Senate
- Jun 8Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
- Jun 9Second reading.Senate
- Jun 10Third reading. Carried by Bonamici. Passed.Senate
- Jun 14House concurred in Senate amendments and repassed bill.House of Representatives
- Jun 17Co-Speakers signed.House of Representatives
- Jun 20President signed.Senate
- Jun 23Governor signed.House of Representatives
- Jun 23Chapter 478, (2011 Laws): Effective date June 23, 2011.House of Representatives