Did not become law. It stopped in the House of Representatives's Business and Labor Committee on June 26, 2021. The 2021 session has ended.
2021 Regular Session
House Bill 2232
Requires person subject to requirement to obtain license under Oregon Securities Law to disclose to individual that person is not fiduciary if person is not subject to or has not assumed fiduciary duty with respect to individual.
What it does
The synopsis the Legislative Assembly published with the bill.
Requires person subject to requirement to obtain license under Oregon Securities Law to disclose to individual that person is not fiduciary if person is not subject to or has not assumed fiduciary duty with respect to individual. Specifies requirements for disclosure. Requires person subject to requirement to obtain license under Oregon Securities Law to assume fiduciary duty with respect to individual to whom person provides counsel or advice or on behalf of whom person transacts business related to individual's investments in retirement benefit plan that is not subject to federal Employee Retirement Income Security Act of 1974. Punishes violation of Act by maximum of 364 days' imprisonment, $6,250, or both. Takes effect on 91st day following adjournment sine die.
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
Sponsor
Its course
January 11 to June 26, 2021, 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 House of RepresentativesJan 11 to Jun 26 · stopped166 days
Waiting for a committeeJan 11 to Jan 198 days
Business and LaborJan 19 to Jun 26 · stopped158 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 11 – Jun 26
- Jan 11Introduced
- Jan 19Sent to Business and Labor
- Jun 26Died when the session ended
All 3 actions, as published
- Jan 11First reading. Referred to Speaker's desk.House of Representatives
- Jan 19Referred to Business and Labor.House of Representatives
- Jun 26In committee upon adjournment.House of Representatives