---
type: "Bill"
title: "Relating to payments on contracts."
description: "Requires that retainage be placed in interest-bearing <b>escrow</b> account if contract price exceeds $500,000. Specifies interest accrual period."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2019 Regular Session"
identifier: "HB 2415"
citation: "Oregon HB 2415 (2019 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 8
action_count: 28
vote_count: 6
first_action: "2019-01-14T16:54:51+00:00"
last_action: "2019-07-02T21:19:47+00:00"
source: "openstates"
source_identifier: "ocd-bill/d3b7b74c-7fc8-4463-a40f-1856731e75a4"
source_url: "https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/HB2415"
source_hash: "85f5d9a30cb44f9c6b2cb42ac95c903a516ba4223d1ebc4d37150c449b25bcbd"
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 2415 (2019 Regular Session) — Relating to payments on contracts.

Requires that retainage be placed in interest-bearing <b>escrow</b> account if contract price exceeds $500,000. Specifies interest accrual period.

## 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/2019R1/Downloads/MeasureDocument/HB2415/House Amendments to Introduced)
2. **Introduced** (filed) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/HB2415/Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/HB2415/A-Engrossed)
4. **B-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/HB2415/B-Engrossed)
5. **HBL Amendment -4** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/ProposedAmendment/15552)
6. **SBGG Amendment -A5** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/ProposedAmendment/16058)
7. **Senate Amendments to A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/HB2415/Senate Amendments to A-Engrossed)
8. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/HB2415/Enrolled)

## Votes

- Third reading. Carried by Roblan. Passed. — **19–9** (pass) · upper
- Third reading. Carried by Barreto. Passed. — **43–15** (pass) · lower
- Heard and Reported Out — **16–3** (pass) · legislature
- Heard and Reported Out with Amendments — **9–2** (pass) · lower
- House concurred in Senate amendments and repassed bill. — **45–14** (pass) · lower
- Heard and Reported Out with Amendments — **3–0** (pass) · upper

## Timeline

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

- **2019-01-14T16:54:51+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2019-01-15T23:56:58+00:00** Referred to Business and Labor. `referral-committee`
- **2019-02-20T16:01:00+00:00** Public Hearing held.
- **2019-04-09T00:32:00+00:00** Work Session held.
- **2019-04-15T23:23:06+00:00** Recommendation: Do pass with amendments and be printed A-Engrossed. `committee-passage-favorable`
- **2019-04-16T18:20:12+00:00** Second reading. `reading-2`
- **2019-04-17T22:43:38+00:00** Third reading. Carried by Barreto. Passed. `passage, reading-3`
- **2019-04-18T16:14:32+00:00** First reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2019-04-17T22:44:38+00:00** Vote explanation(s) filed by Speaker Kotek.
- **2019-04-19T21:06:39+00:00** Referred to Business and General Government. `referral-committee`
- **2019-04-30T15:31:00+00:00** Public Hearing held.
- **2019-05-09T15:32:00+00:00** Public Hearing and Work Session held.
- **2019-05-20T20:27:48+00:00** Recommendation: Do pass with amendments to the A-Eng. (Printed B-Eng.) `committee-passage-favorable`
- **2019-05-20T20:27:49+00:00** Referred to Ways and Means by order of the President. `referral-committee`
- **2019-05-28T07:01:00+00:00** Assigned to Subcommittee On General Government. `referral-committee`
- **2019-05-30T22:03:00+00:00** Returned to Full Committee.
- **2019-05-30T22:02:00+00:00** Work Session held.
- **2019-06-07T16:02:00+00:00** Work Session held.
- **2019-06-12T15:36:39+00:00** Recommendation: Do pass the B-Eng. bill. `committee-passage-favorable`
- **2019-06-12T18:39:01+00:00** Second reading. `reading-2`
- **2019-06-14T00:56:45+00:00** Carried over to 06-17 by unanimous consent.
- **2019-06-17T18:36:26+00:00** Third reading. Carried by Roblan. Passed. `passage, reading-3`
- **2019-06-17T18:37:26+00:00** Thatcher declared potential conflict of interest.
- **2019-06-18T16:55:00+00:00** House concurred in Senate amendments and repassed bill.
- **2019-06-19T18:59:14+00:00** Speaker signed. `passage`
- **2019-06-19T22:24:21+00:00** President signed. `passage`
- **2019-06-25T21:33:26+00:00** Governor signed. `executive-signature`
- **2019-07-02T21:19:47+00:00** Chapter 486, (2019 Laws): 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/d3b7b74c-7fc8-4463-a40f-1856731e75a4`. Confidence: reported (aggregated from official Oregon legislature records).