---
type: "Bill"
title: "Relating to promissory notes issued by ports."
description: "<i>Eliminates</i>]<b> Increases</b> maximum term of promissory notes issued by ports. <i>Eliminates cap on</i>]<b> Increases maximum</b> amount of debt that ports may incur by promissory note."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2019 Regular Session"
identifier: "SB 695"
citation: "Oregon SB 695 (2019 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Arnie Roblan", "Caddy McKeown", "David Gomberg"]
version_count: 8
action_count: 23
vote_count: 6
first_action: "2019-01-29T17:04:16+00:00"
last_action: "2019-08-08T20:20:47+00:00"
source: "openstates"
source_identifier: "ocd-bill/3d37ea39-0e62-4d01-8f9f-63e77528b835"
source_url: "https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/SB695"
source_hash: "f89c8d55e22723e2a9e382fa32cfe3d54600f891a1b37a6596ec59e22031fac5"
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 695 (2019 Regular Session) — Relating to promissory notes issued by ports.

<i>Eliminates</i>]<b> Increases</b> maximum term of promissory notes issued by ports. <i>Eliminates cap on</i>]<b> Increases maximum</b> amount of debt that ports may incur by promissory note.

## 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/SB695/Introduced)
2. **Senate Amendments to Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB695/Senate Amendments to Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB695/A-Engrossed)
4. **B-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB695/B-Engrossed)
5. **HREV Amendment -A2** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/ProposedAmendment/16827)
6. **House Amendments to A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB695/House Amendments to A-Engrossed)
7. **SENR Amendment -1** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/ProposedAmendment/14251)
8. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/SB695/Enrolled)

## Votes

- Heard and Reported Out with Amendments — **6–0** (pass) · lower
- Heard and Reported Out with Amendments — **5–0** (pass) · upper
- Heard and Reported Out — **3–0** (pass) · upper
- Senate concurred in House amendments and repassed bill. — **27–0** (pass) · upper
- Third reading. Carried by Roblan. Passed. — **23–5** (pass) · upper
- Third reading. Carried by McKeown. Passed. — **56–1** (pass) · lower

## Sponsors

- Arnie Roblan — primary (person)
- Caddy McKeown — primary (person)
- David Gomberg — primary (person)

## Timeline

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

- **2019-01-29T17:04:16+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2019-01-31T00:28:56+00:00** Referred to Environment and Natural Resources. `referral-committee`
- **2019-03-12T20:01:00+00:00** Public Hearing held.
- **2019-03-19T20:01:00+00:00** Work Session held.
- **2019-03-25T15:58:24+00:00** Recommendation: Do pass with amendments and be referred to Finance and Revenue. (Printed A-Eng.) `committee-passage-favorable`
- **2019-03-25T15:58:25+00:00** Referred to Finance and Revenue by order of the President. `referral-committee`
- **2019-04-02T22:01:00+00:00** Public Hearing held.
- **2019-05-09T22:02:00+00:00** Work Session held.
- **2019-05-14T16:25:44+00:00** Recommendation: Do pass the A-Eng. bill. `committee-passage-favorable`
- **2019-05-14T17:12:45+00:00** Second reading. `reading-2`
- **2019-05-15T18:52:28+00:00** Third reading. Carried by Roblan. Passed. `passage, reading-3`
- **2019-05-16T15:14:22+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2019-05-20T21:34:04+00:00** Referred to Revenue. `referral-committee`
- **2019-06-13T15:02:00+00:00** Public Hearing and Work Session held.
- **2019-06-14T22:21:46+00:00** Recommendation: Do pass with amendments and be printed B-Engrossed. `committee-passage-favorable`
- **2019-06-18T03:26:31+00:00** Second reading. `reading-2`
- **2019-06-18T22:28:25+00:00** Third reading. Carried by McKeown. Passed. `passage, reading-3`
- **2019-06-29T16:36:17+00:00** Senate concurred in House amendments and repassed bill.
- **2019-07-03T15:38:33+00:00** President signed. `passage`
- **2019-07-03T20:21:15+00:00** Speaker signed. `passage`
- **2019-07-23T18:22:49+00:00** Governor signed. `executive-signature`
- **2019-08-08T20:19:12+00:00** Chapter 627, 2019 Laws.
- **2019-08-08T20:20:47+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/3d37ea39-0e62-4d01-8f9f-63e77528b835`. Confidence: reported (aggregated from official Oregon legislature records).