l9n/ Oregon

2025 Regular Session

Senate Bill 465

Removes the annual cap on matching funds that an individual development account holder may accrue.

Became law as Chapter 48, Oregon Laws 2025, signed May 8, 2025, 115 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 removes the annual cap on matching funds for IDA holders and creates a cap on total matching funds. (Flesch Readability Score: 71.2). Removes the annual cap on matching funds that an individual development account holder may accrue. Establishes a cap on total matching funds that the account holder may accrue. [<i>Provides for the modification of the cap to account for effects of inflation.</i>].

Sponsors

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

In the Senate

3 co-sponsors

Deb Patterson, Janeen Sollman, Cedric Hayden

In the House of Representatives

7 co-sponsors

Bobby Levy, Virgle Osborne, Boomer Wright, Annessa Hartman, Cyrus Javadi, Hoa Nguyen, Nathan Sosa

Its course

January 13 to May 14, 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 action20 actions on 18 days

In the SenateJan 13 to Feb 2745 days

Waiting for a committeeJan 13 to Jan 174 days

Human ServicesJan 17 to Feb 2438 days

In the House of RepresentativesFeb 27 to Apr 2961 days

Waiting for a committeeFeb 27 to Mar 1011 days

Early Childhood and Human ServicesMar 10 to Apr 2546 days

With the GovernorApr 29 to May 89 days

Votes

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

  • Senate, third reading30–0

    Passed · Feb 27

  • House of Representatives, third reading54–0

    Passed · Apr 29 · 6 present

Amendments

Each amendment offered, and what became of it.

  • Senate committee amendmentAdopted

    Adopted Feb 24

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 13 – Feb 27

  1. Jan 13Introduced
  2. Jan 17Sent to Human Services
  3. Feb 4Heard in Human Services
  4. Feb 18Heard in Human Services
  5. Feb 24Human Services recommended it as amended
  6. Feb 25Read a second time
  7. Feb 27Passed the Senate, 30 to 0

In the House of Representatives Mar 4 – Apr 29

  1. Mar 4Arrived in the House of Representatives
  2. Mar 10Sent to Early Childhood and Human Services
  3. Apr 15Heard in Early Childhood and Human Services
  4. Apr 24Heard in Early Childhood and Human Services
  5. Apr 25Early Childhood and Human Services recommended it
  6. Apr 28Read a second time
  7. Apr 29Passed the House of Representatives, 54 to 0

To the Governor Apr 30 – May 14

  1. Apr 30Signed in the Senate
  2. May 1Signed in the House of Representatives
  3. May 8Signed by the Governor
  4. May 14Became chapter 48 of Oregon Laws 2025
  5. In force from January 1, 2026
All 20 actions, as published
  1. Jan 13Introduction and first reading. Referred to President's desk.Senate
  2. Jan 17Referred to Human Services.Senate
  3. Feb 4Public Hearing held.Senate
  4. Feb 18Work Session held.Senate
  5. Feb 24Recommendation: Do pass with amendments. (Printed A-Eng.)Senate
  6. Feb 25Second reading.Senate
  7. Feb 27Third reading. Carried by Weber. Passed.Senate
  8. Mar 4First reading. Referred to Speaker's desk.House of Representatives
  9. Mar 10Referred to Early Childhood and Human Services.House of Representatives
  10. Apr 15Public Hearing held.House of Representatives
  11. Apr 24Work Session held.House of Representatives
  12. Apr 25Recommendation: Do pass.House of Representatives
  13. Apr 28Second reading.House of Representatives
  14. Apr 29Potential conflict(s) of interest declared by Hartman.House of Representatives
  15. Apr 29Third reading. Carried by Ruiz. Passed.House of Representatives
  16. Apr 30President signed.Senate
  17. May 1Speaker signed.House of Representatives
  18. May 8Governor signed.Senate
  19. May 14Chapter 48, 2025 Laws.Senate
  20. May 14Effective date, January 1, 2026.Senate