l9n/ Oregon

2025 Regular Session

House Bill 2081

Directs the Oregon Investment Council and the State Treasurer to take certain actions to manage the risks of climate change to the Public Employees Retirement Fund.

Became law as Chapter 433, Oregon Laws 2025, signed June 26, 2025, 164 days after it was filed. In force from September 26, 2025.

What it does

The synopsis the Legislative Assembly published with the bill.

<b>Digest: The Act requires the OIC and the State Treasurer to take actions to manage climate risks to the PERS fund. (Flesch Readability Score: 76.5).</b> [<i>Digest: The Act directs the LRO to study the state financial system. (Flesch Readability Score: 72.6).</i>] [<i>Requires the Legislative Revenue Officer to study the state financial system. Directs the Legislative Revenue Officer to submit findings to the interim committees of the Legislative Assembly related to revenue not later than December 1, 2026.</i>] <b>Directs the Oregon Investment Council and the State Treasurer to take certain actions to manage the risks of climate change to the Public Employees Retirement Fund. Takes effect on the 91st day following adjournment sine die.</b>

Its course

January 13 to July 25, 2025, 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 19 days

In the House of RepresentativesJan 13 to May 1108 days

Waiting for a committeeJan 13 to Jan 174 days

RevenueJan 17 to Apr 29102 days

In the SenateMay 1 to Jun 1646 days

Waiting for a committeeMay 1 to May 54 days

Finance and RevenueMay 5 to Jun 531 days

With the GovernorJun 16 to Jun 2610 days

Votes

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

  • House of Representatives, third reading36–18

    Passed · May 1 · 6 present

  • Senate, third reading18–10

    Passed · Jun 16 · 2 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Apr 29

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 13 – May 1

  1. Jan 13Introduced
  2. Jan 17Sent to Revenue
  3. Apr 22Heard in Revenue
  4. Apr 24Heard in Revenue
  5. Apr 29Revenue recommended it as amended
  6. Apr 30Read a second time
  7. May 1Passed the House of Representatives, 36 to 18

In the Senate May 5 – Jun 16

  1. May 5Arrived in the Senate
  2. Sent to Finance and Revenue
  3. May 19Heard in Finance and Revenue
  4. Jun 2Heard in Finance and Revenue
  5. Jun 5Finance and Revenue recommended it
  6. Read a second time
  7. Jun 16Passed the Senate, 18 to 10

To the Governor Jun 18 – Jul 25

  1. Jun 18Signed in the House of Representatives
  2. Signed in the Senate
  3. Jun 26Signed by the Governor
  4. Jul 25Became chapter 433 of Oregon Laws 2025, in force from September 26, 2025
All 23 actions, as published
  1. Jan 13First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 17Referred to Revenue with subsequent referral to Ways and Means.House of Representatives
  3. Apr 22Public Hearing held.House of Representatives
  4. Apr 24Work Session held.House of Representatives
  5. Apr 29Recommendation: Do pass with amendments, be printed A-Engrossed, and subsequent referral to Ways and Means be rescinded.House of Representatives
  6. Apr 29Subsequent referral to Ways and Means rescinded by order of the Speaker.House of Representatives
  7. Apr 30Second reading.House of Representatives
  8. May 1Third reading. Carried by Grayber. Passed.House of Representatives
  9. May 5First reading. Referred to President's desk.Senate
  10. May 5Referred to Finance and Revenue.Senate
  11. May 19Public Hearing held.Senate
  12. Jun 2Work Session held.Senate
  13. Jun 5Recommendation: Do pass the A-Eng. bill.Senate
  14. Jun 5Second reading.Senate
  15. Jun 9Carried over to 06-10 by unanimous consent.Senate
  16. Jun 10Carried over to 06-11 by unanimous consent.Senate
  17. Jun 11Carried over to 06-12 by unanimous consent.Senate
  18. Jun 12Carried over to 06-16 by unanimous consent.Senate
  19. Jun 16Third reading. Carried by Meek. Passed.Senate
  20. Jun 18Speaker signed.House of Representatives
  21. Jun 18President signed.Senate
  22. Jun 26Governor signed.House of Representatives
  23. Jul 25Chapter 433, (2025 Laws): Effective date September 26, 2025.House of Representatives