OR SB1562 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 10-6)
Status: Passed on April 11 2024 - 100% progression
Action: 2024-04-11 - Effective date, January 1, 2025.
Text: Latest bill text (Enrolled) [PDF]
Spectrum: Slight Partisan Bill (Republican 10-6)
Status: Passed on April 11 2024 - 100% progression
Action: 2024-04-11 - Effective date, January 1, 2025.
Text: Latest bill text (Enrolled) [PDF]
Summary
The Act raises the maximum amount of money that can be held in a reserve fund. (Flesch Readability Score: 74.2). [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).] [Increases the maximum amount of the biennial transfer to the Oregon Rainy Day Fund.] Increases the cap on amounts held in the Oregon Rainy Day Fund.
Title
Relating to state financial administration.
Sponsors
Roll Calls
2024-03-06 - House - House Third Reading (Y: 55 N: 0 NV: 0 Abs: 5) [PASS]
2024-03-05 - House - House Committee Do Pass the A-Eng bill (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-29 - Senate - Senate Third Reading (Y: 28 N: 0 NV: 0 Abs: 2) [PASS]
2024-02-22 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
2024-03-05 - House - House Committee Do Pass the A-Eng bill (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2024-02-29 - Senate - Senate Third Reading (Y: 28 N: 0 NV: 0 Abs: 2) [PASS]
2024-02-22 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-04-11 | Senate | Effective date, January 1, 2025. |
| 2024-04-11 | Senate | Chapter 98, 2024 Laws. |
| 2024-04-04 | Senate | Governor signed. |
| 2024-03-13 | House | Speaker signed. |
| 2024-03-12 | Senate | President signed. |
| 2024-03-06 | House | Rules suspended. Third reading. Carried by Sanchez. Passed. Ayes, 55; Excused, 4--Boshart Davis, Bynum, Cramer, Owens; Excused for Business of the House, 1--Hieb. |
| 2024-03-06 | House | Second reading. |
| 2024-03-05 | House | Recommendation: Do pass. |
| 2024-03-05 | House | Work Session held. |
| 2024-03-04 | House | Public Hearing held. |
| 2024-02-29 | House | Referred to Revenue. |
| 2024-02-29 | House | First reading. Referred to Speaker's desk. |
| 2024-02-29 | Senate | Third reading. Carried by Steiner. Passed. Ayes, 28; Excused, 2--Gorsek, Hansell. |
| 2024-02-28 | Senate | Second reading. |
| 2024-02-27 | Senate | Recommendation: Do pass with amendments. (Printed A-Eng.) |
| 2024-02-22 | Senate | Work Session held. |
| 2024-02-15 | Senate | Public Hearing held. |
| 2024-02-05 | Senate | Referred to Finance and Revenue. |
| 2024-02-05 | Senate | Introduction and first reading. Referred to President's desk. |
