Did not become law. It stopped in the Senate's Ways and Means Committee on July 7, 2017. The 2017 session has ended.
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.
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
Sponsor
1 co-sponsor
In the House of Representatives
Sponsor
Chief co-sponsors
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
- Mar 2Introduced
- Mar 3Sent to Education
- Apr 4Heard in Education
- Apr 18Heard in Education
- Apr 19Education recommended it as amended, and that it go to Ways and Means
- Sent to Ways and Means
- Jul 7Died when the session ended
All 7 actions, as published
- Mar 2Introduction and first reading. Referred to President's desk.Senate
- Mar 3Referred to Education, then Ways and Means.Senate
- Apr 4Public Hearing held.Senate
- Apr 18Work Session held.Senate
- Apr 19Recommendation: Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.)Senate
- Apr 19Referred to Ways and Means by prior reference.Senate
- Jul 7In committee upon adjournment.Senate