Oregon House Bill 3442

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 28 2025 - 25% progression
Action: 2025-01-30 - Referred to Commerce and Consumer Protection.
Pending: House Commerce and Consumer Protection Committee
Text: Latest bill text (Introduced) [PDF]

Exempts certain people from having to get a license to transmit money. (Flesch Readability Score: 60.7). Exempts from the requirement to obtain a money transmission license a person that assists with or facilitates payment for goods or services under the terms of a contract with a payee if the person does not engage in money transmission and if payment to the person satisfies or otherwise extinguishes a payor's obligation to the payee. Takes effect on the 91st day following adjournment sine die.

Relating to payment facilitation; prescribing an effective date.

Rep. Robert Nosse [D]

Date	Chamber	Action
2025-01-30	House	Referred to Commerce and Consumer Protection.
2025-01-28	House	First reading. Referred to Speaker's desk.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB3442
Text	https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB3442/Introduced
Supplement	https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/85423