l9n/ Oregon

2017 Regular Session

House Bill 2623

Allows trustee of trust to make disbursements for trustee's compensation or compensation of person providing investment advisory or custodial services out of principal or income under certain circumstances.

Became law as Chapter 81, Oregon Laws 2017, signed May 17, 2017, 128 days after it was filed. In force from January 1, 2018.

What it does

The synopsis the Legislative Assembly published with the bill.

Allows trustee of trust to make disbursements for trustee's compensation or compensation of person providing investment advisory or custodial services out of principal or income under certain circumstances. Requires transaction between trustee and beneficiary of trust from which trustee obtains advantage to be outside trustee's business or on unusually unfavorable terms to be voidable by beneficiary.

Its course

January 9 to May 30, 2017, 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 action17 actions on 15 days

In the House of RepresentativesJan 9 to Mar 757 days

Waiting for a committeeJan 9 to Jan 178 days

JudiciaryJan 17 to Mar 244 days

In the SenateMar 7 to May 862 days

Waiting for a committeeMar 7 to Mar 136 days

JudiciaryMar 13 to May 452 days

With the GovernorMay 8 to May 179 days

Votes

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

  • House of Representatives, third reading56–1

    Passed · Mar 7 · 3 present

  • Senate, third reading30–0

    Passed · May 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 9 – Mar 7

  1. Jan 9Introduced
  2. Jan 17Sent to Judiciary
  3. Feb 15Heard in Judiciary
  4. Feb 28Heard in Judiciary
  5. Mar 2Judiciary recommended it
  6. Mar 6Read a second time
  7. Mar 7Passed the House of Representatives, 56 to 1

In the Senate Mar 8 – May 8

  1. Mar 8Arrived in the Senate
  2. Mar 13Sent to Judiciary
  3. May 2Heard in Judiciary
  4. May 4Judiciary recommended it
  5. Read a second time
  6. May 8Passed the Senate, 30 to 0

To the Governor May 10 – May 30

  1. May 10Signed in the House of Representatives
  2. Signed in the Senate
  3. May 17Signed by the Governor
  4. May 30Became chapter 81 of Oregon Laws 2017, in force from January 1, 2018
All 17 actions, as published
  1. Jan 9First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 17Referred to Judiciary.House of Representatives
  3. Feb 15Public Hearing held.House of Representatives
  4. Feb 28Work Session held.House of Representatives
  5. Mar 2Recommendation: Do pass.House of Representatives
  6. Mar 6Second reading.House of Representatives
  7. Mar 7Third reading. Carried by Williamson. Passed.House of Representatives
  8. Mar 8First reading. Referred to President's desk.Senate
  9. Mar 13Referred to Judiciary.Senate
  10. May 2Public Hearing and Work Session held.Senate
  11. May 4Recommendation: Do pass.Senate
  12. May 4Second reading.Senate
  13. May 8Third reading. Carried by Thatcher. Passed.Senate
  14. May 10Speaker signed.House of Representatives
  15. May 10President signed.Senate
  16. May 17Governor signed.House of Representatives
  17. May 30Chapter 81, (2017 Laws): Effective date January 1, 2018.House of Representatives