---
type: "Bill"
title: "Relating to modernizing insurance corporate governance; and declaring an emergency."
description: "Provides that Director of Department of Consumer and Business Services must act as, or acknowledge another regulatory official as, group-wide supervisor for internationally active insurance group. Specifies criteria for and conditions under which director must assume authority to act as group-wide supervisor or acknowledge other regulatory official's authority as group-wide supervisor. Specifies actions director may take as group-wide supervisor."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2017 Regular Session"
identifier: "SB 97"
citation: "Oregon SB 97 (2017 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 6
action_count: 26
vote_count: 5
first_action: "2017-01-09T18:52:09+00:00"
last_action: "2017-07-04T20:31:05+00:00"
source: "openstates"
source_identifier: "ocd-bill/a44cdf77-307e-49e6-b172-c2291051f41c"
source_url: "https://olis.leg.state.or.us/liz/2017R1/Measures/Overview/SB97"
source_hash: "5161fd6d8b835bff34b7af34ba9f47d828c49612721e96472aed2c203d3d4d67"
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 SB 97 (2017 Regular Session) — Relating to modernizing insurance corporate governance; and declaring an emergency.

Provides that Director of Department of Consumer and Business Services must act as, or acknowledge another regulatory official as, group-wide supervisor for internationally active insurance group. Specifies criteria for and conditions under which director must assume authority to act as group-wide supervisor or acknowledge other regulatory official's authority as group-wide supervisor. Specifies actions director may take as group-wide supervisor.

## Version chain

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

1. **Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/SB97/Introduced)
2. **Senate Amendments to Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/SB97/Senate Amendments to Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/SB97/A-Engrossed)
4. **B-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/SB97/B-Engrossed)
5. **House Amendments to A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/SB97/House Amendments to A-Engrossed)
6. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/SB97/Enrolled)

## Votes

- Third reading. Carried by Barreto. Passed. — **57–0** (pass) · legislature
- Heard and Reported Out with Amendments — **9–0** (pass) · legislature
- Third reading. Carried by Beyer. Passed. — **29–0** (pass) · legislature
- Heard and Reported Out with Amendments — **4–0** (pass) · legislature
- Senate concurred in House amendments and repassed bill. — **22–7** (pass) · legislature

## Timeline

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

- **2017-01-09T18:52:09+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2017-01-17T16:06:43+00:00** Referred to Business and Transportation. `referral-committee`
- **2017-04-05T22:02:00+00:00** Public Hearing and Work Session held.
- **2017-04-12T16:38:01+00:00** Recommendation: Do pass with amendments. (Printed A-Eng.) `committee-passage-favorable`
- **2017-04-13T17:53:33+00:00** Second reading. `reading-2`
- **2017-04-17T18:24:03+00:00** Carried over to 04-18 by unanimous consent.
- **2017-04-18T18:20:30+00:00** Third reading. Carried by Beyer. Passed. `passage, reading-3`
- **2017-04-19T15:52:26+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2017-04-20T22:02:38+00:00** Referred to Business and Labor. `referral-committee`
- **2017-05-10T20:01:00+00:00** Public Hearing held.
- **2017-05-17T20:02:00+00:00** Work Session held.
- **2017-05-22T20:29:08+00:00** Recommendation: Do pass with amendments and be printed B-Engrossed. `committee-passage-favorable`
- **2017-05-23T16:21:59+00:00** Second reading. `reading-2`
- **2017-05-24T21:56:50+00:00** Rules suspended. Carried over to May 25, 2017 Calendar.
- **2017-05-25T22:00:25+00:00** Rules suspended. Carried over to May 26, 2017 Calendar.
- **2017-05-26T15:36:22+00:00** Rules suspended. Carried over to May 30, 2017 Calendar.
- **2017-05-30T18:44:50+00:00** Rules suspended. Carried over to May 31, 2017 Calendar.
- **2017-05-31T18:56:58+00:00** Rules suspended. Carried over to June 1, 2017 Calendar.
- **2017-06-01T22:23:02+00:00** Third reading. Carried by Barreto. Passed. `passage, reading-3`
- **2017-06-14T18:09:57+00:00** Taken from 06-14 Calendar and placed on 06-15 Calendar.
- **2017-06-15T18:16:34+00:00** Senate concurred in House amendments and repassed bill.
- **2017-06-19T21:39:10+00:00** President signed. `passage`
- **2017-06-20T20:38:40+00:00** Speaker signed. `passage`
- **2017-06-27T21:18:02+00:00** Governor signed. `executive-signature`
- **2017-07-04T20:04:50+00:00** Effective date, June 27, 2017.
- **2017-07-04T20:31:05+00:00** Chapter 479, 2017 Laws.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/a44cdf77-307e-49e6-b172-c2291051f41c`. Confidence: reported (aggregated from official Oregon legislature records).