l9n/ Oregon

2024 Regular Session

Senate Bill 1562

Increases the cap on amounts held in the Oregon Rainy Day Fund.

Became law as Chapter 98, Oregon Laws 2024, signed April 4, 2024, 59 days after it was filed. In force from January 1, 2025.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Digest: The Act raises the maximum amount of money that can be held in a reserve fund. (Flesch Readability Score: 74.2).</b> [<i>Digest: The Act raises the amount of money that is put in a reserve fund every two years. It raises the maximum amount of money that can be held in the reserve fund. (Flesch Readability Score: 74.2).</i>] [<i>Increases the maximum amount of the biennial transfer to the Oregon Rainy Day Fund.</i>] Increases the cap on amounts held in the Oregon Rainy Day Fund.

Sponsors

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

In the Senate

5 co-sponsors

Lynn Findley, Dick Anderson, Kim Thatcher, David Brock Smith, Janeen Sollman

In the House of Representatives

7 co-sponsors

Mark Owens, E. Werner Reschke, Bobby Levy, Janelle Bynum, Boomer Wright, Maxine Dexter, Paul Evans

Its course

February 5 to April 11, 2024, 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 action19 actions on 13 days

In the SenateFeb 5 to Feb 2924 days

Waiting for a committeeFeb 5 to Feb 50 days

Finance and RevenueFeb 5 to Feb 2722 days

In the House of RepresentativesFeb 29 to Mar 66 days

Waiting for a committeeFeb 29 to Feb 290 days

RevenueFeb 29 to Mar 55 days

With the GovernorMar 6 to Apr 429 days

Votes

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

  • Senate, third reading28–0

    Passed · Feb 29 · 2 present

  • House of Representatives, third reading55–0

    Passed · Mar 6 · 5 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Feb 27

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 Feb 5 – Feb 29

  1. Feb 5Introduced
  2. Sent to Finance and Revenue
  3. Feb 15Heard in Finance and Revenue
  4. Feb 22Heard in Finance and Revenue
  5. Feb 27Finance and Revenue recommended it as amended
  6. Feb 28Read a second time
  7. Feb 29Passed the Senate, 28 to 0

In the House of Representatives Feb 29 – Mar 6

  1. Feb 29Arrived in the House of Representatives
  2. Sent to Revenue
  3. Mar 4Heard in Revenue
  4. Mar 5Heard in Revenue
  5. Revenue recommended it
  6. Mar 6Read a second time
  7. Passed the House of Representatives, 55 to 0

To the Governor Mar 12 – Apr 11

  1. Mar 12Signed in the Senate
  2. Mar 13Signed in the House of Representatives
  3. Apr 4Signed by the Governor
  4. Apr 11Became chapter 98 of Oregon Laws 2024
  5. In force from January 1, 2025
All 19 actions, as published
  1. Feb 5Introduction and first reading. Referred to President's desk.Senate
  2. Feb 5Referred to Finance and Revenue.Senate
  3. Feb 15Public Hearing held.Senate
  4. Feb 22Work Session held.Senate
  5. Feb 27Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  6. Feb 28Second reading.Senate
  7. Feb 29Third reading. Carried by Steiner. Passed.Senate
  8. Feb 29First reading. Referred to Speaker's desk.House of Representatives
  9. Feb 29Referred to Revenue.House of Representatives
  10. Mar 4Public Hearing held.House of Representatives
  11. Mar 5Work Session held.House of Representatives
  12. Mar 5Recommendation: Do pass.House of Representatives
  13. Mar 6Second reading.House of Representatives
  14. Mar 6Rules suspended. Third reading. Carried by Sanchez. Passed.House of Representatives
  15. Mar 12President signed.Senate
  16. Mar 13Speaker signed.House of Representatives
  17. Apr 4Governor signed.Senate
  18. Apr 11Chapter 98, 2024 Laws.Senate
  19. Apr 11Effective date, January 1, 2025.Senate