Relating to the removal of thermal coal from the State Treasury investment portfolio.
Summary
Digest: The Act tells the State Treasurer to stop investing moneys in companies that deal in thermal coal. (Flesch Readability Score: 65.1). Directs the Oregon Investment Council and the State Treasurer to make efforts to eliminate certain investments in thermal coal companies. Provides that divestments must be accomplished without monetary loss to the investment funds. Provides that investments may be retained in a thermal coal company that is transitioning to clean energy. Requires an annual report to the Legislative Assembly on actions taken pursuant to this Act.
Bill status
signed
all 5 stages cleared
Introduction
Feb 2024
Committee Review
Feb 2024
House Passage
Mar 2024
Senate Passage
Mar 2024
Signed into Law
Apr 2024
Introduced Feb 5, 2024
Signed Apr 4, 2024
Floor votes · House Feb 19, 2024
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
21
Key actions
8
Committee
4
Apr 4, 2024
Signed into law
Governor signed.
lower
Mar 19, 2024
Upper · Passed
President signed.
upper
Mar 13, 2024
Lower · Passed
Speaker signed.
lower
Mar 7, 2024
Lower · Passed
House concurred in Senate amendments and repassed bill.
lower
Mar 5, 2024
Upper · Passed
Third reading. Carried by Golden. Passed.
upper
Feb 29, 2024
Upper · Passed
Recommendation: Do pass with amendments. (Printed A-Eng.)
upper
Feb 20, 2024
Committee
Referred to Energy and Environment.
upper
Feb 20, 2024
Introduced
First reading. Referred to President's desk.
upper
Feb 19, 2024
Introduced
Vote explanation(s) filed by Helfrich.
lower
Feb 19, 2024
Lower · Passed
Third reading. Carried by Pham K. Passed.
lower
Feb 16, 2024
Lower · Passed
Recommendation: Do pass.
lower
Feb 5, 2024
Committee
Referred to Emergency Management, General Government, and Veterans.
lower
Feb 5, 2024
Introduced
First reading. Referred to Speaker's desk.
lower
12 primary · 23 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Chris Gorsek
DDemocratic
P
Hoa Nguyen
DDemocratic
P
James Manning
DDemocratic
P
Jeff Golden
DDemocratic
P
Khanh Pham
DDemocratic
P
Mark Gamba
DDemocratic
P
Michael Dembrow
DDemocratic
P
Rob Nosse
DDemocratic
P
Sara Gelser Blouin
DDemocratic
P
Thuy Tran
DDemocratic
P
Tom Andersen
DDemocratic
P
Wlnsvey Campos
DDemocratic
Co
Andrea Valderrama
DDemocratic
Co
Annessa Hartman
DDemocratic
Co
Ben Bowman
DDemocratic
Co
Dacia Grayber
DDemocratic
Co
Deb Patterson
DDemocratic
Co
Farrah Chaichi
DDemocratic
Co
Hai Pham
DDemocratic
Co
Janeen Sollman
DDemocratic
Co
JB
Janelle Bynum
DDemocratic
Co
Jason Kropf
DDemocratic
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