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---
type: "Bill"
title: "Relating to banking institutions."
description: "Provides that certain banking institutions may pay dividend in amount greater than previous statutory maximum amount if such payment is approved by Director of Department of Consumer and Business Services."
jurisdiction: "us/states/or"
legislature: "Oregon Legislative Assembly"
session: "2021 Regular Session"
identifier: "SB 210"
citation: "Oregon SB 210 (2021 Regular Session)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: []
version_count: 2
action_count: 22
vote_count: 4
first_action: "2021-01-11T17:28:22+00:00"
last_action: "2021-06-15T17:14:40+00:00"
source: "openstates"
source_identifier: "ocd-bill/4890231d-44a8-4fa6-8d36-c12de988bc3f"
source_url: "https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/SB210"
source_hash: "4b1b1ddb70978a714af1e2ccf72cf33d13c101fafb16252ee1b458321b23c9fa"
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 210 (2021 Regular Session) — Relating to banking institutions.
Provides that certain banking institutions may pay dividend in amount greater than previous statutory maximum amount if such payment is approved by Director of Department of Consumer and Business Services.
## 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/2021R1/Downloads/MeasureDocument/SB210/Introduced)
2. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB210/Enrolled)
## Votes
- Third reading. Carried by Clem. Passed. — **580** (pass) · lower
- Heard and Reported Out — **110** (pass) · lower
- Third reading. Carried by Hansell. Passed. — **261** (pass) · upper
- Heard and Reported Out — **50** (pass) · upper
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-01-11T17:28:22+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
- **2021-01-19T19:35:42+00:00** Referred to Labor and Business. `referral-committee`
- **2021-01-28T16:01:00+00:00** Public Hearing held.
- **2021-02-09T16:02:00+00:00** Work Session held.
- **2021-03-03T16:40:47+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2021-03-03T17:12:46+00:00** Second reading. `reading-2`
- **2021-03-04T20:13:53+00:00** Third reading. Carried by Hansell. Passed. `passage, reading-3`
- **2021-03-08T18:22:50+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
- **2021-03-04T20:14:53+00:00** Vote explanation filed by Heard.
- **2021-03-10T03:33:25+00:00** Referred to Business and Labor. `referral-committee`
- **2021-05-12T22:16:00+00:00** Public Hearing held.
- **2021-05-17T22:17:00+00:00** Work Session held.
- **2021-05-19T20:41:05+00:00** Recommendation: Do pass. `committee-passage-favorable`
- **2021-05-20T18:47:54+00:00** Second reading. `reading-2`
- **2021-05-24T19:54:59+00:00** Rules suspended. Carried over to May 25, 2021 Calendar.
- **2021-05-25T20:01:01+00:00** Rules suspended. Carried over to May 26, 2021 Calendar.
- **2021-05-26T19:41:39+00:00** Third reading. Carried by Clem. Passed. `passage, reading-3`
- **2021-05-27T18:48:29+00:00** President signed. `passage`
- **2021-06-01T16:27:14+00:00** Speaker signed. `passage`
- **2021-06-08T15:54:17+00:00** Governor signed. `executive-signature`
- **2021-06-15T17:12:23+00:00** Chapter 197, 2021 Laws.
- **2021-06-15T17:14:40+00:00** Effective date, January 1, 2022.
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4890231d-44a8-4fa6-8d36-c12de988bc3f`. Confidence: reported (aggregated from official Oregon legislature records).