republic-os/legislation/us/states/or/2017-regular-session/hb-3435.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Relating to county road fund moneys; and prescribing an effective date.	Authorizes moneys <b>from federal sources</b> in county road fund of Curry County, Klamath County or Yamhill County to be loaned to taxing district within county, another county or taxing district within another county, only pursuant to legally binding intergovernmental agreement or loan agreement. Provides maximum limit on loan amount. Provides that rate of interest may not be less than average rate of return earned over immediately preceding 12-month period by county moneys in local government investment pool. Requires intergovernmental agreement or loan agreement to establish remedies in favor of lender county if borrower taxing district or county defaults on debt service obligations. Requires lender county to disclose loan to Oregon Municipal Debt Advisory Commission.<b> Prohibits lending of moneys from state and local sources that are subject to Article IX, section 3a, of Oregon Constitution.</b>	us/states/or	Oregon Legislative Assembly	2017 Regular Session	HB 3435	Oregon HB 3435 (2017 Regular Session)	bill		enacted	David Brock Smith E. Werner Reschke	6	20	5	2017-04-04T16:09:05+00:00	2017-08-18T18:19:59+00:00	openstates	ocd-bill/7366c643-d686-4dad-bb14-92cd8323fe2d	https://olis.leg.state.or.us/liz/2017R1/Measures/Overview/HB3435	1ee9413df8fa82f94855214f04c87f36a6befc2cf83810178fa377ae34f7e252	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-or

Oregon HB 3435 (2017 Regular Session) — Relating to county road fund moneys; and prescribing an effective date.

Authorizes moneys from federal sources in county road fund of Curry County, Klamath County or Yamhill County to be loaned to taxing district within county, another county or taxing district within another county, only pursuant to legally binding intergovernmental agreement or loan agreement. Provides maximum limit on loan amount. Provides that rate of interest may not be less than average rate of return earned over immediately preceding 12-month period by county moneys in local government investment pool. Requires intergovernmental agreement or loan agreement to establish remedies in favor of lender county if borrower taxing district or county defaults on debt service obligations. Requires lender county to disclose loan to Oregon Municipal Debt Advisory Commission. Prohibits lending of moneys from state and local sources that are subject to Article IX, section 3a, of Oregon Constitution.

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/2017R1/Downloads/MeasureDocument/HB3435/House Amendments to Introduced)
2. Introduced (filed) — source
3. A-Engrossed (committee substitute) — source
4. B-Engrossed (committee substitute) — source
5. Senate Amendments to A-Engrossed (committee substitute) — [source](https://olis.leg.state.or.us/liz/2017R1/Downloads/MeasureDocument/HB3435/Senate Amendments to A-Engrossed)
6. Enrolled (enrolled) — source

Votes

• Heard and Reported Out with Amendments — 5–0 (pass) · legislature
• Third reading. Carried by Smith DB. Passed. — 57–0 (pass) · legislature
• Heard and Reported Out with Amendments — 7–0 (pass) · legislature
• House concurred in Senate amendments and repassed bill. — 59–0 (pass) · legislature
• Third reading. Carried by Boquist. Passed. — 28–0 (pass) · legislature

Sponsors

• David Brock Smith — primary (person)
• E. Werner Reschke — primary (person)
• Carl Wilson — cosponsor (person)

Timeline

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

• 2017-04-04T16:09:05+00:00 First reading. Referred to Speaker's desk. introduction, reading-1, referral-committee
• 2017-04-05T21:19:35+00:00 Referred to Revenue. referral-committee
• 2017-04-19T20:01:00+00:00 Public Hearing held.
• 2017-06-12T20:01:00+00:00 Work Session held.
• 2017-06-14T20:02:00+00:00 Work Session held.
• 2017-06-19T22:41:30+00:00 Recommendation: Do pass with amendments and be printed A-Engrossed. committee-passage-favorable
• 2017-06-20T16:34:35+00:00 Second reading. reading-2
• 2017-06-21T18:31:38+00:00 Third reading. Carried by Smith DB. Passed. passage, reading-3
• 2017-06-22T16:33:44+00:00 First reading. Referred to President's desk. introduction, reading-1, referral-committee
• 2017-06-23T21:36:11+00:00 Referred to Finance and Revenue. referral-committee
• 2017-06-27T15:31:00+00:00 Public Hearing and Work Session held.
• 2017-07-01T21:02:00+00:00 Work Session held.
• 2017-07-01T22:18:06+00:00 Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.) committee-passage-favorable
• 2017-07-03T21:08:07+00:00 Second reading. reading-2
• 2017-07-04T18:32:20+00:00 Third reading. Carried by Boquist. Passed. passage, reading-3
• 2017-07-06T20:43:55+00:00 House concurred in Senate amendments and repassed bill.
• 2017-07-10T21:30:00+00:00 Speaker signed. passage
• 2017-07-18T18:09:30+00:00 President signed. passage
• 2017-08-08T23:30:00+00:00 Governor signed. executive-signature
• 2017-08-18T18:19:59+00:00 Chapter 682, (2017 Laws): Effective date October 6, 2017.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/7366c643-d686-4dad-bb14-92cd8323fe2d. Confidence: reported (aggregated from official Oregon legislature records).