Fabio
106 lines
5.6 KiB
Markdown
106 lines
5.6 KiB
Markdown
---
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type: "Bill"
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title: "Relating to student loan servicers; and declaring an emergency."
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description: "Requires certain persons that service student loans in this state to obtain or renew license. Specifies license application and renewal procedures, required fees and persons that are exempt from requirement."
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jurisdiction: "us/states/or"
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legislature: "Oregon Legislative Assembly"
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session: "2021 Regular Session"
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identifier: "SB 485"
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citation: "Oregon SB 485 (2021 Regular Session)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Karin Power", "Kathleen Taylor"]
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version_count: 5
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action_count: 24
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vote_count: 4
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first_action: "2021-01-11T17:28:22+00:00"
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last_action: "2021-08-20T17:26:23+00:00"
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source: "openstates"
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source_identifier: "ocd-bill/9ea4bab4-ad69-4883-9cf4-ce40c3b591b7"
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source_url: "https://olis.oregonlegislature.gov/liz/2021R1/Measures/Overview/SB485"
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source_hash: "c2a081074eb5066183fa1c00c800722d3903c781484ef3b2496f9a6a97ffba31"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-or"]
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---
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# Oregon SB 485 (2021 Regular Session) — Relating to student loan servicers; and declaring an emergency.
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Requires certain persons that service student loans in this state to obtain or renew license. Specifies license application and renewal procedures, required fees and persons that are exempt from requirement.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB485/Introduced)
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2. **Senate Amendments to Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB485/Senate%20Amendments%20to%20Introduced)
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3. **A-Engrossed** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB485/A-Engrossed)
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4. **JWM Amendment -1** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/ProposedAmendment/21527)
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5. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2021R1/Downloads/MeasureDocument/SB485/Enrolled)
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## Votes
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- Rules suspended. Third reading. Carried by Power. Passed. — **53–2** (pass) · lower
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- Heard and Reported Out with Amendments — **42–2** (pass) · legislature
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- Rules suspended. Third reading. Carried by Taylor. Passed. — **22–7** (pass) · upper
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- Heard and Reported Out — **5–0** (pass) · upper
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## Sponsors
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- Karin Power — primary (person)
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- Kathleen Taylor — primary (person)
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- Andrea Valderrama — cosponsor (person)
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- Anna Williams — cosponsor (person)
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- Barbara Smith Warner — cosponsor (person)
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- Brian Clem — cosponsor (person)
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- Courtney Neron — cosponsor (person)
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- Dacia Grayber — cosponsor (person)
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- Jack Zika — cosponsor (person)
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- Janeen Sollman — cosponsor (person)
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- Jason Kropf — cosponsor (person)
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- Julie Fahey — cosponsor (person)
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- Lisa Reynolds — cosponsor (person)
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- Mark Meek — cosponsor (person)
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- Pam Marsh — cosponsor (person)
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- Rachel Prusak — cosponsor (person)
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- Teresa Alonso Leon — cosponsor (person)
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- Tim Knopp — cosponsor (person)
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- Wlnsvey Campos — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2021-01-11T17:28:22+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
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- **2021-01-19T19:35:42+00:00** Referred to Labor and Business. `referral-committee`
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- **2021-02-02T16:01:00+00:00** Public Hearing held.
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- **2021-02-11T16:02:00+00:00** Work Session held.
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- **2021-02-24T17:57:16+00:00** Recommendation: Do Pass and be referred to Ways and Means.
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- **2021-02-24T17:57:17+00:00** Referred to Ways and Means by order of the President. `referral-committee`
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- **2021-06-13T15:20:00+00:00** Assigned to Subcommittee On Transportation and Economic Development. `referral-committee`
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- **2021-06-16T15:03:00+00:00** Returned to Full Committee.
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- **2021-06-16T15:02:00+00:00** Work Session held.
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- **2021-06-21T21:02:00+00:00** Work Session held.
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- **2021-06-23T18:52:22+00:00** Recommendation: Do pass with amendments. (Printed A-Eng.) `committee-passage-favorable`
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- **2021-06-24T18:12:30+00:00** Second reading. `reading-2`
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- **2021-06-24T19:55:56+00:00** Rules suspended. Third reading. Carried by Taylor. Passed. `passage, reading-3`
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- **2021-06-24T22:18:47+00:00** Rules suspended. First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
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- **2021-06-24T23:36:54+00:00** Referred to Ways and Means. `referral-committee`
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- **2021-06-25T20:40:52+00:00** Recommendation: Do pass. `committee-passage-favorable`
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- **2021-06-25T21:26:13+00:00** Second reading. `reading-2`
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- **2021-06-25T22:16:25+00:00** Rules suspended. Third reading. Carried by Power. Passed. `passage, reading-3`
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- **2021-06-29T19:32:41+00:00** President signed. `passage`
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- **2021-07-01T17:35:29+00:00** Speaker signed. `passage`
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- **2021-06-24T19:56:56+00:00** Vote explanation(s) filed by Heard.
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- **2021-07-27T22:29:00+00:00** Governor signed. `executive-signature`
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- **2021-08-20T17:22:42+00:00** Chapter 651, 2021 Laws.
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- **2021-08-20T17:26:23+00:00** Effective date, July 27, 2021.
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9ea4bab4-ad69-4883-9cf4-ce40c3b591b7`. Confidence: reported (aggregated from official Oregon legislature records).
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