Became law as Chapter 327, Oregon Laws 2011, signed June 14, 2011, 155 days after it was filed. In force from January 1, 2012.
2011 Regular Session
Senate Bill 177
Requires board of directors of credit union to meet at least 10 times in each calendar year in separate months.
What it does
The synopsis the Legislative Assembly published with the bill.
Requires board of directors of credit union to meet at least 10 times in each calendar year in separate months. Permits credit union to appoint chief credit officer in lieu of credit committee. Requires chief credit officer to approve loans or designate loan officers with authority to approve loans under conditions that chief credit officer prescribes. Permits credit union to make loans under certain conditions to president or chief executive officer of credit union or officer that has policymaking or credit approval authority.<b> Prohibits recipient of loan from participating in approving or disbursing loan.</b> Specifies how credit union may invest funds not used in loans to members. <b>Creates procedures for merger of credit union chartered under Oregon law and credit union chartered under laws of another state or United States.</b>
Its course
January 10 to June 22, 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 action22 actions on 22 days
In the SenateJan 10 to Apr 1999 days
Waiting for a committeeJan 10 to Jan 122 days
Business, Transportation and Economic DevelopmentJan 12 to Feb 322 days
General Government, Consumer and Small Business ProtectionFeb 3 to Apr 1470 days
In the House of RepresentativesApr 19 to Jun 244 days
Waiting for a committeeApr 19 to Apr 223 days
General Government and Consumer ProtectionApr 22 to May 2735 days
With the GovernorJun 2 to Jun 1412 days
Votes
Yeas to nays, as the Legislative Assembly recorded them. Committee votes are set in.
Senate, third reading27–1
Passed · Apr 19 · 2 present
House of Representatives, third reading57–3
Passed · Jun 2
Amendments
Each amendment offered, and what became of it.
Senate committee amendmentAdopted
Adopted Apr 14
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 10 – Apr 19
- Jan 10Introduced
- Jan 12Sent to Business, Transportation and Economic Development
- Feb 1Heard in Business, Transportation and Economic Development
- Feb 3Business, Transportation and Economic Development reported it without a recommendation, and that it go to General Government, Consumer and Small Business Protection
- Mar 9Heard in General Government, Consumer and Small Business Protection
- Apr 11Heard in General Government, Consumer and Small Business Protection
- Apr 14General Government, Consumer and Small Business Protection recommended it as amended
- Apr 18Read a second time
- Apr 19Passed the Senate, 27 to 1
In the House of Representatives Apr 20 – Jun 2
- Apr 20Arrived in the House of Representatives
- Apr 22Sent to General Government and Consumer Protection
- May 3Heard in General Government and Consumer Protection
- May 26Heard in General Government and Consumer Protection
- May 27General Government and Consumer Protection recommended it
- May 31Read a second time
- Jun 2Passed the House of Representatives, 57 to 3
To the Governor Jun 3 – Jun 22
- Jun 3Signed in the Senate
- Jun 8Signed in the House of Representatives
- Jun 14Signed by the Governor
- Jun 21Became chapter 327 of Oregon Laws 2011
- Jun 22In force from January 1, 2012
All 22 actions, as published
- Jan 10Introduction and first reading. Referred to President's desk.Senate
- Jan 12Referred to Business, Transportation and Economic Development.Senate
- Feb 1Work Session held.Senate
- Feb 3Recommendation: Without recommendation as to passage and be returned to President's desk for referral. Referred to General Government, Consumer and Small Business Protection by order of the President.Senate
- Mar 9Public Hearing held.Senate
- Apr 11Work Session held.Senate
- Apr 14Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
- Apr 18Second reading.Senate
- Apr 19Third reading. Carried by George. Passed.Senate
- Apr 20First reading. Referred to the desks of the Co-Speakers.House of Representatives
- Apr 22Referred to General Government and Consumer Protection.House of Representatives
- May 3Public Hearing held.House of Representatives
- May 26Public Hearing and Work Session held.House of Representatives
- May 27Recommendation: Do pass.House of Representatives
- May 31Second reading.House of Representatives
- Jun 1Rules suspended. Carried over to June 2, 2011 Calendar.House of Representatives
- Jun 2Third reading. Carried by Holvey. Passed.House of Representatives
- Jun 3President signed.Senate
- Jun 8Co-Speakers signed.House of Representatives
- Jun 14Governor signed.Senate
- Jun 21Chapter 327, 2011 Laws.Senate
- Jun 22Effective date, January 1, 2012.Senate