SB 1562 Oregon Senate · 2024 Regular Session

Relating to state financial administration.

Summary
Digest: 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.
Bill status signed all 5 stages cleared
Introduction
Feb 2024
Committee Review
Mar 2024
Senate Passage
Mar 2024
House Passage
Mar 2024
Signed into Law
Apr 2024
Introduced Feb 5, 2024 Signed Apr 4, 2024
Floor votes · House Mar 7, 2024

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
19
Key actions
7
Committee
4
Apr 4, 2024
Signed into law
Governor signed.
upper
Mar 13, 2024
Lower · Passed
Speaker signed.
lower
Mar 12, 2024
Upper · Passed
President signed.
upper
Mar 7, 2024
Lower · Passed
Rules suspended. Third reading. Carried by Sanchez. Passed.
lower
Mar 6, 2024
Lower · Passed
Recommendation: Do pass.
lower
Mar 1, 2024
Committee
Referred to Revenue.
lower
Feb 29, 2024
Introduced
First reading. Referred to Speaker's desk.
lower
Feb 29, 2024
Upper · Passed
Third reading. Carried by Steiner. Passed.
upper
Feb 27, 2024
Upper · Passed
Recommendation: Do pass with amendments. (Printed A-Eng.)
upper
Feb 5, 2024
Committee
Referred to Finance and Revenue.
upper
Feb 5, 2024
Introduced
Introduction and first reading. Referred to President's desk.
upper
3 primary · 11 co-sponsors

Sponsors