HB 4077 Oregon House · 2026 Regular Session

Relating to the securitization of a public utility's insurance program; and prescribing an effective date.

Summary

Authorizes a public utility, upon approval by the Public Utility Commission, to issue bonds and securitize debt for costs and expenses incurred or to be incurred by the public utility associated with a self-insurance or captive insurance program. Takes effect on the 91st day following adjournment sine die.

Bill status signed all 5 stages cleared

Introduction

Feb 2026

Committee Review

Feb 2026

House Passage

Mar 2026

Senate Passage

Mar 2026

Signed into Law

Mar 2026

Introduced Feb 2, 2026 Signed Mar 31, 2026

Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Enrolled · 3 edits · Mar 5, 2026

MINOR

The bill was finalized and enrolled, with minor formatting updates to the header and sponsor list. The substantive legal text regarding public utility insurance securitization remains unchanged, defining how utilities can issue bonds to cover insurance costs.

TECHNICAL

The document header was updated from 'Introduced' to 'Enrolled', and the sponsor list was expanded to include Representative Levy B and Senator Sollman.

A new definition for 'Rate recovery charge' was added to clarify that these charges are authorized by the Public Utility Commission to recover insurance-related costs and pay bonds.

A new definition for 'Rate recovery expenditures' was added to specify that covered costs include those from declared emergencies (like wildfires or pandemics) and energy conservation loan programs.

Floor votes · Senate Mar 2, 2026 · House Feb 17, 2026

How they voted

28–0

Passed · 2 other

Total votes 30

Mar 2, 2026

D Democratic18

18 Yea

100% Yea

R Republican12

10 Yea 2

83% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 31, 2026

Signed into law

Governor signed.

lower

Mar 5, 2026

Upper · Passed

President signed.

upper

Mar 4, 2026

Lower · Passed

Speaker signed.

lower

Mar 2, 2026

Upper · Passed

Third reading. Carried by Robinson. Passed.

upper

Feb 27, 2026

Upper · Passed

Recommendation: Do pass.

upper

Feb 19, 2026

Committee

Referred to Energy and Environment.

upper

Feb 19, 2026

Introduced

First reading. Referred to President's desk.

upper

Feb 17, 2026

Lower · Passed

Third reading. Carried by Lively. Passed.

lower

Feb 13, 2026

Lower · Passed

Recommendation: Do pass.

lower

Feb 2, 2026

Committee

Referred to Climate, Energy, and Environment.

lower

Feb 2, 2026

Introduced

First reading. Referred to Speaker's desk.

lower

1 primary · 2 co-sponsors