---
type: "Bill"
title: "Relating to deductions for expenses of investment officer."
description: "Modifies maximum allowable deduction from assets under management for expenses of State Treasurer as investment officer."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2023R1"
identifier: "HB 2218"
citation: "Oregon HB 2218 (2023R1)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 2
action_count: 28
vote_count: 4
first_action: "2023-01-09T16:13:56+00:00"
last_action: "2023-05-16T23:52:40+00:00"
source: "openstates"
source_identifier: "ocd-bill/73b1c212-8623-4bfa-b659-e8b5b21e7d98"
source_url: "https://olis.oregonlegislature.gov/liz/2023R1/Measures/Overview/HB2218"
source_hash: "ad2f8c10202c1e8c8d967a4eea6b82e7b9208989ac48cdb5b1c59a2144174aa7"
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 2218 (2023R1) — Relating to deductions for expenses of investment officer.

Modifies maximum allowable deduction from assets under management for expenses of State Treasurer as investment officer.

## Version chain

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

1. **Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/HB2218/Introduced)
2. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2023R1/Downloads/MeasureDocument/HB2218/Enrolled)

## Votes

- Third reading. Carried by Walters. Passed. — **56–3** (pass) · lower
- Heard and Reported Out — **5–0** (pass) · lower
- Heard and Reported Out — **5–0** (pass) · upper
- Third reading. Carried by Meek. Passed. — **17–12** (pass) · upper

## Timeline

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

- **2023-01-09T16:13:56+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2023-01-12T19:19:20+00:00** Referred to Revenue. `referral-committee`
- **2023-01-24T16:31:00+00:00** Public Hearing held.
- **2023-02-23T16:31:00+00:00** Work Session cancelled.
- **2023-02-28T16:32:00+00:00** Work Session held.
- **2023-03-02T00:48:04+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2023-03-02T19:40:17+00:00** Second reading. `reading-2`
- **2023-03-06T20:05:01+00:00** Rules suspended. Carried over to March 7, 2023 Calendar.
- **2023-03-07T19:47:56+00:00** Third reading. Carried by Walters. Passed. `passage, reading-3`
- **2023-03-08T19:54:02+00:00** First reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2023-03-09T17:32:49+00:00** Referred to Finance and Revenue. `referral-committee`
- **2023-03-28T22:01:00+00:00** Public Hearing held.
- **2023-04-04T22:02:00+00:00** Work Session held.
- **2023-04-06T16:10:27+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2023-04-06T19:50:17+00:00** Second reading. `reading-2`
- **2023-04-11T03:43:03+00:00** Carried over to 04-11 by unanimous consent.
- **2023-04-12T03:34:40+00:00** Carried over to 04-12 by unanimous consent.
- **2023-04-12T23:59:19+00:00** Carried over to 04-13 by unanimous consent.
- **2023-04-13T23:20:23+00:00** Carried over to 04-17 by unanimous consent.
- **2023-04-18T02:25:19+00:00** Carried over to 04-18 by unanimous consent.
- **2023-04-18T20:06:12+00:00** Carried over to 04-19 by unanimous consent.
- **2023-04-19T20:09:27+00:00** Carried over to 04-20 by unanimous consent.
- **2023-04-20T19:19:14+00:00** Carried over to 04-24 by unanimous consent.
- **2023-04-25T01:51:58+00:00** Third reading. Carried by Meek. Passed. `passage, reading-3`
- **2023-04-26T18:53:10+00:00** Speaker signed. `passage`
- **2023-04-27T19:43:55+00:00** President signed. `passage`
- **2023-05-08T19:53:23+00:00** Governor signed. `executive-signature`
- **2023-05-16T23:52:40+00:00** Chapter 37, (2023 Laws): Effective date January 1, 2024.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/73b1c212-8623-4bfa-b659-e8b5b21e7d98`. Confidence: reported (aggregated from official Oregon legislature records).