HB 2966 Oregon House · 2025 Regular Session

Relating to a public finance task force; declaring an emergency.

Summary

Establishes the State Public Finance Task Force. Directs the task force to study and make recommendations regarding public banking and other public financing options. Requires the task force to submit a report to a committee of the Legislative Assembly by [ September 1, 2027 ] December 31, 2026 . Declares an emergency, effective on passage.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2025

Committee Review

Floor Vote

Governor

Introduced Jan 13, 2025 Last action Jun 28, 2025

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What changed between versions

Introduced → A-Engrossed · 5 edits

MODERATE

The bill was amended to expand the task force membership from 14 to 16 members, shifting appointment authority from the Governor to the State Treasurer for four members and the Governor for eight members. The reporting deadline was moved from September 1, 2027 to December 31, 2026. The scope of study was slightly narrowed by removing one sub-item about agricultural loans.

Scope change

The bill's scope was slightly narrowed by removing the requirement to study agricultural loans for sustainable farming practices, while expanding the task force membership composition to include more representation from the State Treasurer's office and private banking sectors.

REQUIREMENT

Task force membership increased from 14 to 16 members with restructured appointment authority.

Added new member categories for public banking law and public-private partnerships.

ELIGIBILITY

Appointment authority shifted from Governor to State Treasurer for four members and Governor for eight members.

TIMELINE

Report deadline changed from September 1, 2027 to December 31, 2026.

SCOPE

Removed requirement to study agricultural loans for sustainable farming practices.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Jun 28, 2025

Lower · Passed

In committee upon adjournment.

lower

Mar 11, 2025

Committee

Referred to Ways and Means by prior reference.

lower

Mar 11, 2025

Lower · Passed

Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means by prior reference.

lower

Jan 17, 2025

Committee

Referred to Commerce and Consumer Protection with subsequent referral to Ways and Means.

lower

Jan 13, 2025

Introduced

First reading. Referred to Speaker's desk.

lower

5 primary · 4 co-sponsors