l9n/ Oregon

2019 Regular Session

House Bill 2588

Requires certain persons that service student loans in this state to obtain or renew license.

Did not become law. It stopped in the House of Representatives's Business and Labor Committee on June 30, 2019. The 2019 session has ended.

What it does

The synopsis the Legislative Assembly published with the bill.

Requires certain persons that service student loans in this state to obtain or renew license. Specifies license application and renewal procedures and required fees. Prescribes duties of licensee and requires licensee to maintain specified liquidity, operating reserves and tangible net worth. Prescribes civil penalty against person that engages in business as student loan servicer without license. Permits Director of Department of Consumer and Business Services to participate in multistate examinations under specified circumstances. Becomes operative January 1, 2020. 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 House of Representatives

6 co-sponsors

Tawna Sanchez, David Brock Smith, Julie Fahey, Paul Evans, Anna Williams, Jack Zika

In the Senate

Its course

January 14 to June 30, 2019, 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 action4 actions on 4 days

In the House of RepresentativesJan 14 to Jun 30 · stopped167 days

Waiting for a committeeJan 14 to Jan 151 day

Business and LaborJan 15 to Jun 30 · stopped166 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 House of Representatives Jan 14 – Jun 30

  1. Jan 14Introduced
  2. Jan 15Sent to Business and Labor
  3. Feb 25Heard in Business and Labor
  4. Jun 30Died when the session ended
All 4 actions, as published
  1. Jan 14First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 15Referred to Business and Labor with subsequent referral to Ways and Means.House of Representatives
  3. Feb 25Public Hearing held.House of Representatives
  4. Jun 30In committee upon adjournment.House of Representatives