l9n/ Oregon

2014 Regular Session

House Bill 4144

Establishes Oregon Investment Department as public investment agency to be supervised by director appointed by Oregon Investment Council.

Did not become law. It stopped in the House of Representatives on March 7, 2014. The 2014 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Establishes Oregon Investment Department as public investment agency to be supervised by director appointed by Oregon Investment Council. Specifies duties, functions and powers of department. Transfers duties of State Treasurer as investment officer to department. Establishes Oregon Investment Department Fund. Continuously appropriates moneys in fund to department for expenses of department and council. Exempts department and council from certain laws regulating governmental entities. <b>Directs department to submit biennial budget to Legislative Assembly. Specifies that budget takes effect unless Legislative Assembly enacts changes to budget by June 1 of odd-numbered year. Directs Governor to consult with State Treasurer regarding appointees to Oregon Investment Council. Directs Legislative Assembly to review results of implementation of Act at 2021 regular session. <b>Designates State Treasurer as vice chairperson of Oregon Investment Council. On January 1, 2017, designates State Treasurer as chairperson of council. <b>Directs department to report annually to Legislative Assembly and Governor regarding investment funds investment program and annual costs incurred by department. <b>Decreases limitation on expenditures of State Treasurer for administrative expenses of State Treasury operations.</b> Limits investment of local government funds to statutory investment pool for local and tribal government funds. Authorizes State Treasurer or department to require local or tribal government to enter into investment agreement as condition of placing funds in investment pool. 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

8 co-sponsors

Vicki Berger, Margaret Doherty, Nancy Nathanson, Caddy McKeown, Jeff Reardon, Chris Harker, Deborah Boone, Jim Weidner

Its course

February 3 to March 7, 2014, 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 action13 actions on 8 days

In the House of RepresentativesFeb 3 to Mar 7 · stopped32 days

Waiting for a committeeFeb 3 to Feb 30 days

RulesFeb 3 to Feb 1815 days

Ways and MeansFeb 18 to Mar 3 · moved on13 days

Capital ConstructionMar 3 to Mar 5 · moved on2 days

Ways and MeansMar 5 to Mar 61 day

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Mar 6

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 Feb 3 – Mar 7

  1. Feb 3Introduced
  2. Sent to Rules
  3. Feb 17Heard in Rules
  4. Feb 18Rules recommended it, and that it go to Ways and Means
  5. Sent to Ways and Means
  6. Mar 3Sent to Capital Construction Subcommittee
  7. Mar 4Heard in Capital Construction Subcommittee
  8. Mar 5Heard in Capital Construction Subcommittee
  9. Returned to Ways and Means
  10. Heard in Ways and Means
  11. Mar 6Heard in Ways and Means
  12. Ways and Means recommended it as amended
  13. Mar 7Read a second time
All 13 actions, as published
  1. Feb 3First reading. Referred to Speaker's desk.House of Representatives
  2. Feb 3Referred to Rules with subsequent referral to Ways and Means.House of Representatives
  3. Feb 17Public Hearing and Work Session held.House of Representatives
  4. Feb 18Recommendation: Do pass and be referred to Ways and Means by prior reference.House of Representatives
  5. Feb 18Referred to Ways and Means by prior reference.House of Representatives
  6. Mar 3Assigned to Subcommittee On Capital Construction.House of Representatives
  7. Mar 4Public Hearing held.House of Representatives
  8. Mar 5Work Session held.House of Representatives
  9. Mar 5Returned to Full Committee.House of Representatives
  10. Mar 5Work Session held.House of Representatives
  11. Mar 6Work Session held.House of Representatives
  12. Mar 6Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
  13. Mar 7Second reading.House of Representatives