SB 465 Oregon Senate · 2025 Regular Session

Relating to individual development accounts.

Summary

Removes the annual cap on matching funds that an individual development account holder may accrue. Establishes a cap on total matching funds that the account holder may accrue. [ Provides for the modification of the cap to account for effects of inflation. ].

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

Apr 2025

Senate Passage

Apr 2025

House Passage

May 2025

Signed into Law

May 2025

Introduced Jan 13, 2025 Signed May 8, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

A-Engrossed → Enrolled · 5 edits · May 8, 2025

MODERATE

This bill changed from an 'A-Engrossed' draft version to the final 'Enrolled' version ready for signature. The substantive policy content remains the same, but the formatting was updated to include sponsor information, remove editorial notes, and add official signatures and dates for the final enrolled bill.

TECHNICAL

Header changed from 'A-Engrossed' to 'Enrolled' indicating final passage and readiness for governor's signature.

Added full list of sponsors including Senators Hayden, Patterson, Sollman and Representatives Hartman, Javadi, Levy B, Nguyen H, Osborne, Sosa, Wright.

Removed editorial summary section explaining the bill's purpose, which was not part of the official legislative text.

Added signature lines for Senate approval, House approval, and Governor's signature with blank spaces for dates.

Removed LC number (1530) and formatting notes about bold/italic text that were used for drafting purposes.

Floor votes · Senate Feb 27, 2025 · House Apr 29, 2025

How they voted

29–0

Passed

Total votes 29

Feb 27, 2025

D Democratic17

17 Yea

100% Yea

R Republican12

12 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 8, 2025

Signed into law

Governor signed.

upper

May 1, 2025

Lower · Passed

Speaker signed.

lower

Apr 30, 2025

Upper · Passed

President signed.

upper

Apr 29, 2025

Lower · Passed

Third reading. Carried by Ruiz. Passed.

lower

Apr 25, 2025

Lower · Passed

Recommendation: Do pass.

lower

Mar 10, 2025

Committee

Referred to Early Childhood and Human Services.

lower

Mar 4, 2025

Introduced

First reading. Referred to Speaker's desk.

lower

Feb 27, 2025

Upper · Passed

Third reading. Carried by Weber. Passed.

upper

Feb 24, 2025

Upper · Passed

Recommendation: Do pass with amendments. (Printed A-Eng.)

upper

Jan 17, 2025

Committee

Referred to Human Services.

upper

Jan 13, 2025

Introduced

Introduction and first reading. Referred to President's desk.

upper

2 primary · 10 co-sponsors