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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 noncharitable trusts with business purposes. Permits creation of <b>certain</b> noncharitable business purpose <i>trust</i>]<b> trusts</b>. Provides exemption from statutory rule against perpetuities for <b>certain</b> noncharitable business purpose <i>trust</i>]<b> trusts</b> if terms of trust <i>expressly</i>] <b>clearly</b> elect exemption. us/states/or Oregon Legislative Assembly 2019 Regular Session HB 2598 Oregon HB 2598 (2019 Regular Session)
bill
enacted
Julie Fahey
5 23 5 2019-01-14T16:54:51+00:00 2019-06-10T15:43:41+00:00 openstates ocd-bill/8001dadd-22fa-45c2-89d4-d89eb73c3777 https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/HB2598 782b98c37ddc13b1a64f235072aa634d30623c1952a3258a32fb530d4e554fc1 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-or

Oregon HB 2598 (2019 Regular Session) — Relating to noncharitable trusts with business purposes.

Permits creation of certain noncharitable business purpose trust] trusts. Provides exemption from statutory rule against perpetuities for certain noncharitable business purpose trust] trusts if terms of trust expressly] clearly elect exemption.

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/HB2598/House Amendments to Introduced)
  2. Introduced (filed) — source
  3. A-Engrossed (committee substitute) — source
  4. HJUD Amendment -3 (committee substitute) — source
  5. Enrolled (enrolled) — source

Votes

  • Third reading. Carried by Fahey. Passed. — 525 (pass) · lower
  • Heard and Reported Out with Amendments — 110 (pass) · lower
  • Heard and Reported Out — 60 (pass) · lower
  • Third reading. Carried by Prozanski. Passed. — 1711 (pass) · upper
  • Heard and Reported Out — 40 (pass) · upper

Sponsors

  • Julie Fahey — primary (person)
  • Alissa Keny-Guyer — cosponsor (person)

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
  • 2019-01-18T19:43:45+00:00 Referred to Revenue. referral-committee
  • 2019-02-14T16:32:00+00:00 Work Session held.
  • 2019-02-15T23:18:34+00:00 Without recommendation as to passage and be referred to Judiciary.
  • 2019-02-15T23:18:35+00:00 Referred to Judiciary by order of Speaker. referral-committee
  • 2019-03-19T20:01:00+00:00 Public Hearing held.
  • 2019-04-08T20:02:00+00:00 Work Session held.
  • 2019-04-15T21:06:48+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
  • 2019-04-17T22:50:16+00:00 Rules suspended. Carried over to April 18, 2019 Calendar.
  • 2019-04-18T17:55:33+00:00 Third reading. Carried by Fahey. Passed. passage, reading-3
  • 2019-04-22T17:16:57+00:00 First reading. Referred to President's desk. introduction, reading-1, referral-committee
  • 2019-04-23T16:40:51+00:00 Referred to Judiciary. referral-committee
  • 2019-05-01T15:31:00+00:00 Public Hearing and Work Session held.
  • 2019-05-09T15:32:00+00:00 Work Session held.
  • 2019-05-14T15:39:20+00:00 Recommendation: Do pass the A-Eng. bill. committee-passage-favorable
  • 2019-05-14T17:12:45+00:00 Second reading. reading-2
  • 2019-05-15T18:48:51+00:00 Carried over to 05-16 by unanimous consent.
  • 2019-05-16T18:33:46+00:00 Third reading. Carried by Prozanski. Passed. passage, reading-3
  • 2019-05-17T17:43:58+00:00 Speaker signed. passage
  • 2019-05-20T16:18:01+00:00 President signed. passage
  • 2019-05-24T19:06:00+00:00 Governor signed. executive-signature
  • 2019-06-10T15:43:41+00:00 Chapter 162, (2019 Laws): Effective date January 1, 2020.

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/8001dadd-22fa-45c2-89d4-d89eb73c3777. Confidence: reported (aggregated from official Oregon legislature records).