---
type: "Bill"
title: "Relating to state financial administration; and declaring an emergency."
description: "Requires Legislative Counsel and Legislative Fiscal Officer to review state law governing investment by State Treasurer of moneys of state and of local and tribal governments."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2017 Regular Session"
identifier: "HB 3470"
citation: "Oregon HB 3470 (2017 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 4
action_count: 20
vote_count: 3
first_action: "2017-06-13T16:03:45+00:00"
last_action: "2017-08-18T18:00:20+00:00"
source: "openstates"
source_identifier: "ocd-bill/4375df90-5d2b-4cca-a244-7365daad6595"
source_url: "https://olis.leg.state.or.us/liz/2017R1/Measures/Overview/HB3470"
source_hash: "58c03b2c24ea7d9fbabf72219dc997cf9909a5787285f27caefc4c582aaf7cd6"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-or"]
---

# Oregon HB 3470 (2017 Regular Session) — Relating to state financial administration; and declaring an emergency.

Requires Legislative Counsel and Legislative Fiscal Officer to review state law governing investment by State Treasurer of moneys of state and of local and tribal governments.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **House Amendments to Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/HB3470/House Amendments to Introduced)
2. **Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/HB3470/Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/HB3470/A-Engrossed)
4. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/HB3470/Enrolled)

## Votes

- Third reading. Carried by Nathanson. Passed. — **58–1** (pass) · legislature
- Heard and Reported Out with Amendments — **40–0** (pass) · legislature
- Rules suspended. Third reading. Carried by Devlin. Passed. — **29–0** (pass) · legislature

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-06-13T16:03:45+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2017-06-16T16:36:21+00:00** Referred to Ways and Means. `referral-committee`
- **2017-06-18T21:52:00+00:00** Assigned to Subcommittee On Capital Construction. `referral-committee`
- **2017-07-03T23:03:00+00:00** Returned to Full Committee.
- **2017-07-03T23:02:00+00:00** Work Session held.
- **2017-07-03T23:22:00+00:00** Public Hearing and Work Session held.
- **2017-07-05T19:45:47+00:00** Recommendation: Do pass with amendments and be printed A-Engrossed. `committee-passage-favorable`
- **2017-07-05T21:15:52+00:00** Second reading. `reading-2`
- **2017-07-06T02:05:27+00:00** Rules suspended. Carried over to July 6, 2017 Calendar.
- **2017-07-06T18:27:58+00:00** Third reading. Carried by Nathanson. Passed. `passage, reading-3`
- **2017-07-06T18:33:09+00:00** First reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2017-07-06T19:07:10+00:00** Referred to Ways and Means. `referral-committee`
- **2017-07-07T16:43:15+00:00** Recommendation: Do pass the A-Eng. bill. `committee-passage-favorable`
- **2017-07-07T17:58:23+00:00** Second reading. `reading-2`
- **2017-07-07T18:31:46+00:00** Rules suspended. Third reading. Carried by Devlin. Passed. `passage, reading-3`
- **2017-07-07T18:32:46+00:00** Thatcher declared potential conflict of interest.
- **2017-07-18T16:16:37+00:00** Speaker signed. `passage`
- **2017-07-18T20:25:51+00:00** President signed. `passage`
- **2017-08-15T19:02:00+00:00** Governor signed. `executive-signature`
- **2017-08-18T18:00:20+00:00** Chapter 725, (2017 Laws): Effective date August 15, 2017.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4375df90-5d2b-4cca-a244-7365daad6595`. Confidence: reported (aggregated from official Oregon legislature records).