---
type: "Bill"
title: "Relating to state financial administration; and declaring an emergency."
description: "<b>Modifies projects and amounts authorized for issuance of general obligation bonds, revenue bonds, certificates of participation and other financing agreements for biennium.</b>"
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2022R1"
identifier: "SB 5701"
citation: "Oregon SB 5701 (2022R1)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 5
action_count: 20
vote_count: 3
first_action: "2022-02-07T18:05:24+00:00"
last_action: "2022-04-14T20:19:58+00:00"
source: "openstates"
source_identifier: "ocd-bill/20beb8f5-6fa3-43d6-a807-a97e13c0eee0"
source_url: "https://olis.oregonlegislature.gov/liz/2022R1/Measures/Overview/SB5701"
source_hash: "a4ea2c0758e5bb920d74dc2869b823b8a6cbc62ce2859bf51140ac545c8d3ef1"
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 5701 (2022R1) — Relating to state financial administration; and declaring an emergency.

<b>Modifies projects and amounts authorized for issuance of general obligation bonds, revenue bonds, certificates of participation and other financing agreements for biennium.</b>

## 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/2022R1/Downloads/MeasureDocument/SB5701/Introduced)
2. **Senate Amendments to Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2022R1/Downloads/MeasureDocument/SB5701/Senate%20Amendments%20to%20Introduced)
3. **A-Engrossed** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2022R1/Downloads/MeasureDocument/SB5701/A-Engrossed)
4. **JWM Amendment -4** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2022R1/Downloads/ProposedAmendment/22419)
5. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2022R1/Downloads/MeasureDocument/SB5701/Enrolled)

## Votes

- Third reading. Carried by Steiner Hayward. Passed. — **22–5** (pass) · upper
- Heard and Reported Out with Amendments — **34–10** (pass) · legislature
- Rules suspended. Third reading. Carried by Holvey. Passed. — **45–11** (pass) · lower

## Timeline

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

- **2022-02-07T18:05:24+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2022-02-08T15:10:30+00:00** Referred to Ways and Means. `referral-committee`
- **2022-02-11T21:01:00+00:00** Public Hearing held.
- **2022-02-08T20:45:00+00:00** Assigned to Subcommittee On Capital Construction. `referral-committee`
- **2022-03-01T02:33:00+00:00** Returned to Full Committee.
- **2022-02-28T18:17:00+00:00** Work Session held.
- **2022-03-01T02:32:00+00:00** Work Session held.
- **2022-03-01T23:37:37+00:00** Recommendation: Do pass with amendments. (Printed A-Eng.) `committee-passage-favorable`
- **2022-03-02T16:17:47+00:00** Second reading. `reading-2`
- **2022-03-03T21:18:02+00:00** Third reading. Carried by Steiner Hayward. Passed. `passage, reading-3`
- **2022-03-03T21:41:33+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2022-03-03T21:58:01+00:00** Referred to Ways and Means. `referral-committee`
- **2022-03-04T00:00:47+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2022-03-04T18:30:40+00:00** Second reading. `reading-2`
- **2022-03-04T19:04:09+00:00** Rules suspended. Third reading. Carried by Holvey. Passed. `passage, reading-3`
- **2022-03-08T20:06:47+00:00** President signed. `passage`
- **2022-03-08T23:24:20+00:00** Speaker signed. `passage`
- **2022-04-04T17:19:00+00:00** Governor signed. `executive-signature`
- **2022-04-14T20:18:50+00:00** Chapter 111, 2022 Laws.
- **2022-04-14T20:19:58+00:00** Effective date, April 4, 2022.

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/20beb8f5-6fa3-43d6-a807-a97e13c0eee0`. Confidence: reported (aggregated from official Oregon legislature records).