Fabio
98 lines
4.7 KiB
Markdown
98 lines
4.7 KiB
Markdown
---
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type: "Bill"
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title: "Relating to state financial administration."
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description: "<b>Digest: The Act raises the maximum amount of money that can be held in a reserve fund. (Flesch Readability Score: 74.2).</b>"
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jurisdiction: "us/states/or"
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legislature: "Oregon Legislative Assembly"
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session: "2024R1"
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identifier: "SB 1562"
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citation: "Oregon SB 1562 (2024R1)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Fred Girod", "Jeffrey Helfrich", "Sen Steiner", "Tawna Sanchez"]
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version_count: 5
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action_count: 19
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vote_count: 4
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first_action: "2024-02-05T15:05:18+00:00"
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last_action: "2024-04-11T16:02:52+00:00"
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source: "openstates"
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source_identifier: "ocd-bill/e461400e-5d7a-4b30-8e0e-6cb6b6e0281a"
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source_url: "https://olis.oregonlegislature.gov/liz/2024R1/Measures/Overview/SB1562"
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source_hash: "94a972c5cf3d2deb75fa123fc664765af8b562ad37f21f28b6d1a92eb2b65eb7"
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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 1562 (2024R1) — Relating to state financial administration.
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<b>Digest: The Act raises the maximum amount of money that can be held in a reserve fund. (Flesch Readability Score: 74.2).</b>
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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/2024R1/Downloads/MeasureDocument/SB1562/Introduced)
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2. **Senate Amendments to Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2024R1/Downloads/MeasureDocument/SB1562/Senate%20Amendments%20to%20Introduced)
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3. **A-Engrossed** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2024R1/Downloads/MeasureDocument/SB1562/A-Engrossed)
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4. **SFR Amendment -1** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2024R1/Downloads/ProposedAmendment/26033)
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5. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2024R1/Downloads/MeasureDocument/SB1562/Enrolled)
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## Votes
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- Heard and Reported Out — **7–0** (pass) · lower
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- Rules suspended. Third reading. Carried by Sanchez. Passed. — **55–0** (pass) · lower
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- Third reading. Carried by Steiner. Passed. — **28–0** (pass) · upper
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- Heard and Reported Out with Amendments — **4–0** (pass) · upper
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## Sponsors
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- Fred Girod — primary (person)
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- Jeffrey Helfrich — primary (person)
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- Sen Steiner — primary (person)
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- Tawna Sanchez — primary (person)
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- Bobby Levy — cosponsor (person)
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- Boomer Wright — cosponsor (person)
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- David Brock Smith — cosponsor (person)
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- Dick Anderson — cosponsor (person)
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- E. Werner Reschke — cosponsor (person)
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- Janeen Sollman — cosponsor (person)
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- Janelle Bynum — cosponsor (person)
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- Kim Thatcher — cosponsor (person)
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- Lynn Findley — cosponsor (person)
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- Mark Owens — cosponsor (person)
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- Maxine Dexter — cosponsor (person)
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- Paul Evans — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2024-02-05T15:05:18+00:00** Introduction and first reading. Referred to President's desk. `introduction, reading-1, referral-committee`
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- **2024-02-05T17:31:30+00:00** Referred to Finance and Revenue. `referral-committee`
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- **2024-02-15T23:01:00+00:00** Public Hearing held.
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- **2024-02-22T23:02:00+00:00** Work Session held.
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- **2024-02-27T17:23:20+00:00** Recommendation: Do pass with amendments. (Printed A-Eng.) `committee-passage-favorable`
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- **2024-02-28T19:07:59+00:00** Second reading. `reading-2`
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- **2024-02-29T19:25:46+00:00** Third reading. Carried by Steiner. Passed. `passage, reading-3`
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- **2024-02-29T22:19:33+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
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- **2024-03-01T00:19:05+00:00** Referred to Revenue. `referral-committee`
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- **2024-03-04T16:31:00+00:00** Public Hearing held.
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- **2024-03-05T16:32:00+00:00** Work Session held.
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- **2024-03-06T03:43:40+00:00** Recommendation: Do pass. `committee-passage-favorable`
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- **2024-03-06T18:58:28+00:00** Second reading. `reading-2`
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- **2024-03-07T00:01:51+00:00** Rules suspended. Third reading. Carried by Sanchez. Passed. `passage, reading-3`
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- **2024-03-12T18:41:21+00:00** President signed. `passage`
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- **2024-03-13T22:07:25+00:00** Speaker signed. `passage`
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- **2024-04-04T22:38:42+00:00** Governor signed. `executive-signature`
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- **2024-04-11T16:00:34+00:00** Chapter 98, 2024 Laws.
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- **2024-04-11T16:02:52+00:00** Effective date, January 1, 2025.
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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/e461400e-5d7a-4b30-8e0e-6cb6b6e0281a`. Confidence: reported (aggregated from official Oregon legislature records).
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