l9n/ Oregon

2019 Regular Session

House Bill 2598

Permits creation of certain noncharitable business purpose trusts.

Became law as Chapter 162, Oregon Laws 2019, signed May 24, 2019, 130 days after it was filed. In force from January 1, 2020.

What it does

The synopsis the Legislative Assembly published with the bill.

Permits creation of <b>certain</b> noncharitable business purpose <i>trust</i>]<b> trusts</b>. Provides exemption from statutory rule against perpetuities for <b>certain</b> noncharitable business purpose <i>trust</i>]<b> trusts</b> if terms of trust <i>expressly</i>] <b>clearly</b> elect exemption.

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

Alissa Keny-Guyer

Its course

January 14 to June 10, 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 action23 actions on 21 days

In the House of RepresentativesJan 14 to Apr 1894 days

Waiting for a committeeJan 14 to Jan 184 days

RevenueJan 18 to Feb 1528 days

JudiciaryFeb 15 to Apr 1559 days

In the SenateApr 18 to May 1628 days

Waiting for a committeeApr 18 to Apr 235 days

JudiciaryApr 23 to May 1421 days

With the GovernorMay 16 to May 248 days

Votes

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

  • House of Representatives, third reading52–5

    Passed · Apr 18 · 3 present

  • Senate, third reading17–11

    Passed · May 16 · 2 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Apr 15

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 – Apr 18

  1. Introduced
  2. Sent to Revenue
  3. Heard in Revenue
  4. Revenue reported it without a recommendation, and that it go to Judiciary
  5. Sent to Judiciary
  6. Heard in Judiciary
  7. Heard in Judiciary
  8. Judiciary recommended it as amended
  9. Read a second time
  10. Passed the House of Representatives, 52 to 5

In the Senate Apr 22 – May 16

  1. Arrived in the Senate
  2. Sent to Judiciary
  3. Heard in Judiciary
  4. Heard in Judiciary
  5. Judiciary recommended it
  6. Read a second time
  7. Passed the Senate, 17 to 11

To the Governor May 17 – Jun 10

  1. Signed in the House of Representatives
  2. Signed in the Senate
  3. Signed by the Governor
  4. Became chapter 162 of Oregon Laws 2019, in force from January 1, 2020
All 23 actions, as published