---
type: "Bill"
title: "Relating to establishment of 529 accounts by taxpayers; and prescribing an effective date."
description: "Provides that personal income taxpayer may <b>elect to </b>establish account in Oregon 529 Savings Network through <i>election on tax return form</i>]<b> means provided by Department of Revenue</b>. <i>Directs Department of Revenue to provide means for election on form.</i>] Authorizes Oregon 529 Savings Board to work in coordination with department to provide means for establishment of accounts."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2019 Regular Session"
identifier: "SB 162"
citation: "Oregon SB 162 (2019 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 5
action_count: 22
vote_count: 4
first_action: "2019-01-14T15:33:37+00:00"
last_action: "2019-06-17T15:56:30+00:00"
source: "openstates"
source_identifier: "ocd-bill/d3b7c32b-31e0-4e13-aabc-07d683e22281"
source_url: "https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/SB162"
source_hash: "9026b51eb2be01d2fee0e8d9e30903ffc6a28111f01231625d4fb161f408d01e"
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 162 (2019 Regular Session) — Relating to establishment of 529 accounts by taxpayers; and prescribing an effective date.

Provides that personal income taxpayer may <b>elect to </b>establish account in Oregon 529 Savings Network through <i>election on tax return form</i>]<b> means provided by Department of Revenue</b>. <i>Directs Department of Revenue to provide means for election on form.</i>] Authorizes Oregon 529 Savings Board to work in coordination with department to provide means for establishment of accounts.

## 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/2019R1/Downloads/MeasureDocument/SB162/Introduced)
2. **Senate Amendments to Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB162/Senate Amendments to Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB162/A-Engrossed)
4. **SFR Amendment 1** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/ProposedAmendment/13843)
5. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB162/Enrolled)

## Votes

- Third reading. Carried by Bentz. Passed. — **23–2** (pass) · upper
- Third reading. Carried by Nathanson. Passed. — **59–0** (pass) · lower
- Heard and Reported Out with Amendments — **5–0** (pass) · upper
- Heard and Reported Out — **6–0** (pass) · lower

## Timeline

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

- **2019-01-14T15:33:37+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2019-01-15T16:47:07+00:00** Referred to Finance and Revenue. `referral-committee`
- **2019-02-05T23:01:00+00:00** Public Hearing held.
- **2019-02-21T23:02:00+00:00** Work Session held.
- **2019-02-27T21:24:30+00:00** Recommendation: Do pass with amendments. (Printed A-Eng.) `committee-passage-favorable`
- **2019-02-28T20:05:49+00:00** Second reading. `reading-2`
- **2019-03-04T20:06:56+00:00** Third reading. Carried by Bentz. Passed. `passage, reading-3`
- **2019-03-05T16:59:06+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2019-03-11T20:46:59+00:00** Referred to Revenue. `referral-committee`
- **2019-05-07T15:31:00+00:00** Public Hearing held.
- **2019-05-22T15:02:00+00:00** Work Session held.
- **2019-05-22T21:33:39+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2019-05-23T17:20:48+00:00** Second reading. `reading-2`
- **2019-05-27T18:12:22+00:00** Carried over to May 28, 2019 Calendar by virtue of adjournment.
- **2019-05-29T01:47:35+00:00** Carried over to May 29, 2019 Calendar by virtue of adjournment.
- **2019-05-30T03:22:24+00:00** Carried over to May 30, 2019 Calendar by virtue of adjournment.
- **2019-05-30T21:53:50+00:00** Third reading. Carried by Nathanson. Passed. `passage, reading-3`
- **2019-06-03T22:11:33+00:00** President signed. `passage`
- **2019-06-04T15:18:06+00:00** Speaker signed. `passage`
- **2019-06-11T16:24:00+00:00** Governor signed. `executive-signature`
- **2019-06-17T15:51:14+00:00** Chapter 316, 2019 Laws.
- **2019-06-17T15:56:30+00:00** Effective Date, September 29, 2019.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d3b7c32b-31e0-4e13-aabc-07d683e22281`. Confidence: reported (aggregated from official Oregon legislature records).