l9n/ Oregon

2025 Regular Session

House Bill 2971

Modifies the allowable investments for certain financial institutions.

Became law as Chapter 96, Oregon Laws 2025, signed May 19, 2025, 126 days after it was filed. In force from January 1, 2026.

What it does

The synopsis the Legislative Assembly published with the bill.

Digest: The Act changes how certain banks can invest money. The Act changes how public depositories compute their net worth. (Flesch Readability Score: 63.6). Modifies the allowable investments for certain financial institutions. Modifies the method of calculating the net worth of qualified depositories.

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

Its course

January 13 to June 11, 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 action19 actions on 17 days

In the House of RepresentativesJan 13 to Apr 1491 days

Waiting for a committeeJan 13 to Jan 174 days

Commerce and Consumer ProtectionJan 17 to Apr 982 days

In the SenateApr 14 to May 824 days

Waiting for a committeeApr 14 to Apr 151 day

Labor and BusinessApr 15 to May 621 days

With the GovernorMay 8 to May 1911 days

Votes

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

  • House of Representatives, third reading55–0

    Passed · Apr 14 · 5 present

  • Senate, third reading26–0

    Passed · May 8 · 3 present

Amendments

Each amendment offered, and what became of it.

  • House of Representatives committee amendmentAdopted

    Adopted Apr 9

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 – Apr 14

  1. Jan 13Introduced
  2. Jan 17Sent to Commerce and Consumer Protection
  3. Mar 27Heard in Commerce and Consumer Protection
  4. Apr 3Heard in Commerce and Consumer Protection
  5. Apr 9Commerce and Consumer Protection recommended it as amended
  6. Apr 10Read a second time
  7. Apr 14Passed the House of Representatives, 55 to 0

In the Senate Apr 15 – May 8

  1. Apr 15Arrived in the Senate
  2. Sent to Labor and Business
  3. Apr 24Heard in Labor and Business
  4. Apr 29Heard in Labor and Business
  5. May 6Labor and Business recommended it
  6. Read a second time
  7. May 8Passed the Senate, 26 to 0

To the Governor May 9 – Jun 11

  1. May 9Signed in the House of Representatives
  2. May 12Signed in the Senate
  3. May 19Signed by the Governor
  4. Jun 11Became chapter 96 of Oregon Laws 2025, in force from January 1, 2026
All 19 actions, as published
  1. Jan 13First reading. Referred to Speaker's desk.House of Representatives
  2. Jan 17Referred to Commerce and Consumer Protection.House of Representatives
  3. Mar 27Public Hearing held.House of Representatives
  4. Apr 3Work Session held.House of Representatives
  5. Apr 9Recommendation: Do pass with amendments and be printed A-Engrossed.House of Representatives
  6. Apr 10Second reading.House of Representatives
  7. Apr 14Third reading. Carried by Gomberg. Passed.House of Representatives
  8. Apr 15First reading. Referred to President's desk.Senate
  9. Apr 15Referred to Labor and Business.Senate
  10. Apr 24Public Hearing held.Senate
  11. Apr 29Work Session held.Senate
  12. May 6Recommendation: Do pass the A-Eng. bill.Senate
  13. May 6Second reading.Senate
  14. May 7Carried over to 05-08 by unanimous consent.Senate
  15. May 8Third reading. Carried by Taylor. Passed.Senate
  16. May 9Speaker signed.House of Representatives
  17. May 12President signed.Senate
  18. May 19Governor signed.House of Representatives
  19. Jun 11Chapter 96, (2025 Laws): Effective date January 1, 2026.House of Representatives