---
type: "Bill"
title: "Relating to guaranteed asset protection waivers."
description: "Removes sunset from statutes that regulate guaranteed asset protection waivers."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2019 Regular Session"
identifier: "SB 366"
citation: "Oregon SB 366 (2019 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 2
action_count: 30
vote_count: 4
first_action: "2019-01-14T15:33:37+00:00"
last_action: "2019-06-10T16:12:23+00:00"
source: "openstates"
source_identifier: "ocd-bill/52cfdcc8-2de9-45ae-930a-27ea0581b80f"
source_url: "https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/SB366"
source_hash: "079f45d7adf9a96240d67471d746b07c9a487baddb8f5cbdc76eb237fdbeab1b"
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 366 (2019 Regular Session) — Relating to guaranteed asset protection waivers.

Removes sunset from statutes that regulate guaranteed asset protection waivers.

## 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/SB366/Introduced)
2. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB366/Enrolled)

## Votes

- Heard and Reported Out — **6–0** (pass) · upper
- Third reading. Carried by Barreto. Passed. — **56–1** (pass) · lower
- Third reading. Carried by Thatcher. Passed. — **29–0** (pass) · upper
- Heard and Reported Out — **9–0** (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`
- **2019-01-16T17:20:23+00:00** Referred to Judiciary. `referral-committee`
- **2019-01-28T16:31:00+00:00** Public Hearing held.
- **2019-02-05T16:17:00+00:00** Work Session held.
- **2019-02-07T16:48:59+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2019-02-07T18:49:16+00:00** Second reading. `reading-2`
- **2019-02-12T20:29:02+00:00** Carried over to 02-19 by unanimous consent.
- **2019-02-19T19:46:30+00:00** Third reading. Carried by Thatcher. Passed. `passage, reading-3`
- **2019-02-20T17:27:34+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2019-02-25T16:52:35+00:00** Referred to Business and Labor. `referral-committee`
- **2019-04-17T15:01:00+00:00** Public Hearing held.
- **2019-04-24T15:01:00+00:00** Work Session held.
- **2019-04-26T21:53:32+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2019-04-29T17:22:39+00:00** Second reading. `reading-2`
- **2019-04-30T22:40:06+00:00** Carried over to May 1, 2019 Calendar by virtue of adjournment.
- **2019-05-02T00:28:13+00:00** Carried over to May 2, 2019 Calendar by virtue of adjournment.
- **2019-05-02T18:46:29+00:00** Rules suspended. Carried over to May 6, 2019 Calendar.
- **2019-05-06T20:34:06+00:00** Rules suspended. Carried over to May 7, 2019 Calendar.
- **2019-05-07T19:10:54+00:00** Rules suspended. Carried over to May 8, 2019 Calendar.
- **2019-05-08T19:50:15+00:00** Carried over to May 9, 2019 Calendar by virtue of adjournment.
- **2019-05-09T19:03:10+00:00** Carried over to May 13, 2019 Calendar by virtue of adjournment.
- **2019-05-13T23:01:03+00:00** Carried over to May 14, 2019 Calendar by virtue of adjournment.
- **2019-05-14T19:29:10+00:00** Carried over to May 15, 2019 Calendar by virtue of adjournment.
- **2019-05-15T19:27:33+00:00** Carried over to May 16, 2019 Calendar by virtue of adjournment.
- **2019-05-16T18:09:46+00:00** Third reading. Carried by Barreto. Passed. `passage, reading-3`
- **2019-05-20T16:18:01+00:00** President signed. `passage`
- **2019-05-20T20:33:54+00:00** Speaker signed. `passage`
- **2019-05-24T18:58:17+00:00** Governor signed. `executive-signature`
- **2019-06-10T16:05:04+00:00** Chapter 175, 2019 Laws.
- **2019-06-10T16:12:23+00:00** Effective date, January 1, 2020.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/52cfdcc8-2de9-45ae-930a-27ea0581b80f`. Confidence: reported (aggregated from official Oregon legislature records).