l9n/ Oregon

2017 Regular Session

House Bill 3435

Authorizes moneys from federal sources in county road fund of Curry County, Klamath County or Yamhill County to be loaned to taxing district within county, another county or taxing district within another county, only pursuant to legally binding intergovernmental agreement or loan agreement.

Became law as Chapter 682, Oregon Laws 2017, signed August 8, 2017, 126 days after it was filed. In force from October 6, 2017.

What it does

The synopsis the Legislative Assembly published with the bill.

Authorizes moneys <b>from federal sources</b> in county road fund of Curry County, Klamath County or Yamhill County to be loaned to taxing district within county, another county or taxing district within another county, only pursuant to legally binding intergovernmental agreement or loan agreement. Provides maximum limit on loan amount. Provides that rate of interest may not be less than average rate of return earned over immediately preceding 12-month period by county moneys in local government investment pool. Requires intergovernmental agreement or loan agreement to establish remedies in favor of lender county if borrower taxing district or county defaults on debt service obligations. Requires lender county to disclose loan to Oregon Municipal Debt Advisory Commission.<b> Prohibits lending of moneys from state and local sources that are subject to Article IX, section 3a, of Oregon Constitution.</b> Takes effect on 91st day following adjournment sine die.

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

1 co-sponsor

Carl Wilson

Its course

April 4 to August 18, 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 action20 actions on 19 days

In the House of RepresentativesApr 4 to Jun 2178 days

Waiting for a committeeApr 4 to Apr 51 day

RevenueApr 5 to Jun 1975 days

In the SenateJun 21 to Jul 413 days

Waiting for a committeeJun 21 to Jun 232 days

Finance and RevenueJun 23 to Jul 18 days

Back in the House of RepresentativesJul 4 to Jul 106 days

With the GovernorJul 10 to Aug 829 days

Votes

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

  • House of Representatives, third reading57–0

    Passed · Jun 21 · 3 present

  • Senate, third reading28–0

    Passed · Jul 4 · 2 present

  • House of Representatives, concurrence59–0

    Agreed to the other chamber's changes · Jul 6 · 1 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Jun 19

  • Senate committee amendmentAdopted

    Adopted Jul 1

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 Apr 4 – Jun 21

  1. Apr 4Introduced
  2. Apr 5Sent to Revenue
  3. Apr 19Heard in Revenue
  4. Jun 12Heard in Revenue
  5. Jun 14Heard in Revenue
  6. Jun 19Revenue recommended it as amended
  7. Jun 20Read a second time
  8. Jun 21Passed the House of Representatives, 57 to 0

In the Senate Jun 22 – Jul 4

  1. Jun 22Arrived in the Senate
  2. Jun 23Sent to Finance and Revenue
  3. Jun 27Heard in Finance and Revenue
  4. Jul 1Heard in Finance and Revenue
  5. Finance and Revenue recommended it as amended
  6. Jul 3Read a second time
  7. Jul 4Passed the Senate, 28 to 0

Back in the House of Representatives Jul 6 – Jul 10

  1. Jul 6The House of Representatives agreed to the Senate's amendments and passed it again, 59 to 0
  2. Jul 10Signed in the House of Representatives

To the Governor Jul 18 – Aug 18

  1. Jul 18Signed in the Senate
  2. Aug 8Signed by the Governor
  3. Aug 18Became chapter 682 of Oregon Laws 2017, in force from October 6, 2017
All 20 actions, as published
  1. Apr 4First reading. Referred to Speaker's desk.House of Representatives
  2. Apr 5Referred to Revenue.House of Representatives
  3. Apr 19Public Hearing held.House of Representatives
  4. Jun 12Work Session held.House of Representatives
  5. Jun 14Work Session held.House of Representatives
  6. Jun 19Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
  7. Jun 20Second reading.House of Representatives
  8. Jun 21Third reading. Carried by Smith DB. Passed.House of Representatives
  9. Jun 22First reading. Referred to President's desk.Senate
  10. Jun 23Referred to Finance and Revenue.Senate
  11. Jun 27Public Hearing and Work Session held.Senate
  12. Jul 1Work Session held.Senate
  13. Jul 1Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)Senate
  14. Jul 3Second reading.Senate
  15. Jul 4Third reading. Carried by Boquist. Passed.Senate
  16. Jul 6House concurred in Senate amendments and repassed bill.House of Representatives
  17. Jul 10Speaker signed.House of Representatives
  18. Jul 18President signed.Senate
  19. Aug 8Governor signed.House of Representatives
  20. Aug 18Chapter 682, (2017 Laws): Effective date October 6, 2017.House of Representatives