Fabio
89 lines
4.9 KiB
Markdown
89 lines
4.9 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Relating to noncharitable trusts with business purposes."
|
||
description: "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."
|
||
jurisdiction: "us/states/or"
|
||
legislature: "Oregon Legislative Assembly"
|
||
session: "2019 Regular Session"
|
||
identifier: "HB 2598"
|
||
citation: "Oregon HB 2598 (2019 Regular Session)"
|
||
classification: ["bill"]
|
||
subjects: []
|
||
status: "enacted"
|
||
primary_sponsors: ["Julie Fahey"]
|
||
version_count: 5
|
||
action_count: 23
|
||
vote_count: 5
|
||
first_action: "2019-01-14T16:54:51+00:00"
|
||
last_action: "2019-06-10T15:43:41+00:00"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/8001dadd-22fa-45c2-89d4-d89eb73c3777"
|
||
source_url: "https://olis.leg.state.or.us/liz/2019R1/Measures/Overview/HB2598"
|
||
source_hash: "782b98c37ddc13b1a64f235072aa634d30623c1952a3258a32fb530d4e554fc1"
|
||
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 HB 2598 (2019 Regular Session) — 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.
|
||
|
||
## 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](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/HB2598/Introduced)
|
||
3. **A-Engrossed** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/HB2598/A-Engrossed)
|
||
4. **HJUD Amendment -3** (committee substitute) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/ProposedAmendment/14859)
|
||
5. **Enrolled** (enrolled) — [source](https://olis.leg.state.or.us/liz/2019R1/Downloads/MeasureDocument/HB2598/Enrolled)
|
||
|
||
## Votes
|
||
|
||
- Third reading. Carried by Fahey. Passed. — **52–5** (pass) · lower
|
||
- Heard and Reported Out with Amendments — **11–0** (pass) · lower
|
||
- Heard and Reported Out — **6–0** (pass) · lower
|
||
- Third reading. Carried by Prozanski. Passed. — **17–11** (pass) · upper
|
||
- Heard and Reported Out — **4–0** (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](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8001dadd-22fa-45c2-89d4-d89eb73c3777`. Confidence: reported (aggregated from official Oregon legislature records).
|
||
|