Did not become law. It stopped in the Senate's Business and Transportation Committee on July 7, 2017. The 2017 session has ended.
2017 Regular Session
Senate Bill 623
Establishes Oregon Universal Savings Account Board to create and maintain Oregon Universal Savings Account Program.
What it does
The synopsis the Legislative Assembly published with the bill.
Establishes Oregon Universal Savings Account Board to create and maintain Oregon Universal Savings Account Program. Provides that program must allow individuals to establish savings accounts without certain restrictions on contributions and withdrawals. Allows account holders to subtract earnings on accounts from taxable income to extent includable in gross income for federal income tax purposes. Establishes Oregon Universal Savings Account Program Fund. Continuously appropriates moneys in fund to board for purposes of administration of fund.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
January 9 to July 7, 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 action3 actions on 3 days
In the SenateJan 9 to Jul 7 · stopped179 days
Waiting for a committeeJan 9 to Jan 178 days
Business and TransportationJan 17 to Jul 7 · stopped171 days
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 9 – Jul 7
- Jan 9Introduced
- Jan 17Sent to Business and Transportation
- Jul 7Died when the session ended
All 3 actions, as published
- Jan 9Introduction and first reading. Referred to President's desk.Senate
- Jan 17Referred to Business and Transportation, then Ways and Means.Senate
- Jul 7In committee upon adjournment.Senate