l9n/ Oregon

2023 Regular Session

Senate Bill 571

Directs Oregon 529 Savings Board to provide information to designated beneficiaries of ABLE accounts regarding potential impact to benefits and services if contributions are made to workplace retirement account.

Became law as Chapter 156, Oregon Laws 2023, signed June 6, 2023, 148 days after it was filed. In force from January 1, 2024.

What it does

The synopsis the Legislative Assembly published with the bill.

<i>Requires employer to offer contribution to ABLE account in lieu of contribution to retirement account.</i>] <i>Requires employer to offer payroll deduction for ABLE account in lieu of deduction for OregonSaves account.</i>] <i>Requires State Treasurer to provide information to specified individuals regarding options relating to ABLE accounts and retirement accounts. Requires State Treasurer to establish process to direct payroll deductions to ABLE account in lieu of OregonSaves account.</i>] <i>Becomes operative January 1, 2025.</i>] <b>Directs Oregon 529 Savings Board to provide information to designated beneficiaries of ABLE accounts regarding potential impact to benefits and services if contributions are made to workplace retirement account.</b>

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

2 co-sponsors

James Manning Jr., Daniel Bonham

Its course

January 9 to June 14, 2023, 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 action28 actions on 23 days

In the SenateJan 9 to Apr 1192 days

Waiting for a committeeJan 9 to Jan 123 days

Labor and BusinessJan 12 to Mar 3178 days

In the House of RepresentativesApr 11 to May 2342 days

Waiting for a committeeApr 11 to Apr 132 days

Early Childhood and Human ServicesApr 13 to May 1532 days

With the GovernorMay 23 to Jun 614 days

Votes

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

  • Senate, third reading29–0

    Passed · Apr 11 · 1 present

  • House of Representatives, third reading43–0

    Passed · May 23 · 17 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Mar 31

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 Jan 9 – Apr 11

  1. Jan 9Introduced
  2. Jan 12Sent to Labor and Business
  3. Jan 19Heard in Labor and Business
  4. Mar 28Heard in Labor and Business
  5. Mar 31Labor and Business recommended it as amended
  6. Apr 3Read a second time
  7. Apr 11Passed the Senate, 29 to 0

In the House of Representatives Apr 11 – May 23

  1. Apr 11Arrived in the House of Representatives
  2. Apr 13Sent to Early Childhood and Human Services
  3. May 8Heard in Early Childhood and Human Services
  4. May 10Heard in Early Childhood and Human Services
  5. May 15Early Childhood and Human Services recommended it
  6. Read a second time
  7. May 23Passed the House of Representatives, 43 to 0

To the Governor May 25 – Jun 14

  1. May 25Signed in the Senate
  2. Signed in the House of Representatives
  3. Jun 6Signed by the Governor
  4. Jun 14Became chapter 156 of Oregon Laws 2023
  5. In force from January 1, 2024
All 28 actions, as published
  1. Jan 9Introduction and first reading. Referred to President's desk.Senate
  2. Jan 12Referred to Labor and Business.Senate
  3. Jan 19Public Hearing held.Senate
  4. Mar 28Public Hearing and Work Session held.Senate
  5. Mar 31Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  6. Apr 3Second reading.Senate
  7. Apr 4Carried over to 04-05 by unanimous consent.Senate
  8. Apr 5Carried over to 04-06 by unanimous consent.Senate
  9. Apr 6Carried over to 04-10 by unanimous consent.Senate
  10. Apr 10Carried over to 04-11 by unanimous consent.Senate
  11. Apr 11Third reading. Carried by Gelser Blouin. Passed.Senate
  12. Apr 11Gelser Blouin, Patterson declared potential conflict of interest.Senate
  13. Apr 11First reading. Referred to Speaker's desk.House of Representatives
  14. Apr 13Referred to Early Childhood and Human Services.House of Representatives
  15. May 8Public Hearing held.House of Representatives
  16. May 10Work Session held.House of Representatives
  17. May 15Recommendation: Do pass.House of Representatives
  18. May 15Second reading.House of Representatives
  19. May 16Rules suspended. Carried over to May 17, 2023 Calendar.House of Representatives
  20. May 17Rules suspended. Carried over to May 18, 2023 Calendar.House of Representatives
  21. May 18Rules suspended. Carried over to May 22, 2023 Calendar.House of Representatives
  22. May 22Rules suspended. Carried over to May 23, 2023 Calendar.House of Representatives
  23. May 23Third reading. Carried by Andersen. Passed.House of Representatives
  24. May 25President signed.Senate
  25. May 25Speaker signed.House of Representatives
  26. Jun 6Governor signed.Senate
  27. Jun 14Chapter 156, 2023 Laws.Senate
  28. Jun 14Effective date, January 1, 2024.Senate