l9n/ Oregon

2017 Regular Session

Senate Bill 996

Directs Department of Consumer and Business Services to design, implement, administer and operate savings program for post-secondary education expenses.

Did not become law. It stopped in the Senate's Ways and Means Committee on July 7, 2017. The 2017 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Directs Department of Consumer and Business Services to design, implement, administer and operate savings program for post-secondary education expenses. Directs department to establish individual savings accounts for children born in Oregon to residents of this state at participating financial institutions. Provides that deposits may be made to savings account by department or by account beneficiary.</b> Directs State Registrar of Center for Health Statistics to send to department each calendar quarter names of children born in Oregon to residents of this state. Establishes Oregon Bright Futures Fund. Continuously appropriates moneys in fund to department for purposes of savings program. Permits financial institutions to opt in to participation. Permits department to develop or acquire software for communicating with account beneficiaries and for viewing information regarding multiple financial accounts. Directs department to report to Legislative Assembly in 2020 and 2021 on implementation of Act. Exempts funds maintained by department under Act from public funds depository requirements. <b>Becomes operative on January 1, 2018, or date on which department determines that sufficient moneys are available to carry out purposes of Act, whichever is later.</b> 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 Senate

1 co-sponsor

Mark Hass

In the House of Representatives

Its course

March 2 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 action7 actions on 6 days

In the SenateMar 2 to Jul 7 · stopped127 days

Waiting for a committeeMar 2 to Mar 31 day

EducationMar 3 to Apr 1947 days

Ways and MeansApr 19 to Jul 7 · stopped79 days

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Apr 19

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 Mar 2 – Jul 7

  1. Introduced
  2. Sent to Education
  3. Heard in Education
  4. Heard in Education
  5. Education recommended it as amended, and that it go to Ways and Means
  6. Sent to Ways and Means
  7. Died when the session ended
All 7 actions, as published