Fabio
83 lines
4.2 KiB
Markdown
83 lines
4.2 KiB
Markdown
---
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type: "Bill"
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title: "Relating to financial institutions."
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description: "Modifies the allowable investments for certain financial institutions. Modifies the method of calculating the net worth of qualified depositories."
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jurisdiction: "us/states/or"
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legislature: "Oregon Legislative Assembly"
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session: "2025R1"
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identifier: "HB 2971"
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citation: "Oregon HB 2971 (2025R1)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["David Gomberg"]
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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: "2025-01-13T16:01:32+00:00"
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last_action: "2025-06-11T23:59:21+00:00"
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source: "openstates"
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source_identifier: "ocd-bill/49d72392-3825-46d9-90d4-1dd6630339b0"
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source_url: "https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/HB2971"
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source_hash: "fa5d335c14bafc16596e63e5545126b11c824c31af5ee2d45d6c60785acb291c"
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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 HB 2971 (2025R1) — Relating to financial institutions.
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Modifies the allowable investments for certain financial institutions. Modifies the method of calculating the net worth of qualified depositories.
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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. **House Amendments to Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2971/House%20Amendments%20to%20Introduced)
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2. **Introduced** (filed) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2971/Introduced)
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3. **A-Engrossed** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2971/A-Engrossed)
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4. **HCCP Amendment -1** (committee substitute) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/ProposedAmendment/27136)
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5. **Enrolled** (enrolled) — [source](https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2971/Enrolled)
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## Votes
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- Heard and Reported Out with Amendments — **9–0** (pass) · lower
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- Heard and Reported Out — **5–0** (pass) · upper
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- Third reading. Carried by Taylor. Passed. — **26–0** (pass) · upper
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- Third reading. Carried by Gomberg. Passed. — **55–0** (pass) · lower
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## Sponsors
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- David Gomberg — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-01-13T16:01:32+00:00** First reading. Referred to Speaker's desk. `introduction, reading-1, referral-committee`
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- **2025-01-17T20:47:46+00:00** Referred to Commerce and Consumer Protection. `referral-committee`
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- **2025-03-27T20:01:00+00:00** Public Hearing held.
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- **2025-04-03T20:02:00+00:00** Work Session held.
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- **2025-04-09T23:00:23+00:00** Recommendation: Do pass with amendments and be printed A-Engrossed. `committee-passage-favorable`
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- **2025-04-10T17:57:09+00:00** Second reading. `reading-2`
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- **2025-04-14T22:21:16+00:00** Third reading. Carried by Gomberg. Passed. `passage, reading-3`
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- **2025-04-15T18:32:30+00:00** First reading. Referred to President's desk. `introduction, reading-1, referral-committee`
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- **2025-04-15T20:12:35+00:00** Referred to Labor and Business. `referral-committee`
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- **2025-04-24T15:01:00+00:00** Public Hearing held.
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- **2025-04-29T15:02:00+00:00** Work Session held.
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- **2025-05-06T16:13:38+00:00** Recommendation: Do pass the A-Eng. bill. `committee-passage-favorable`
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- **2025-05-06T18:50:01+00:00** Second reading. `reading-2`
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- **2025-05-07T19:28:07+00:00** Carried over to 05-08 by unanimous consent.
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- **2025-05-08T19:04:57+00:00** Third reading. Carried by Taylor. Passed. `passage, reading-3`
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- **2025-05-09T18:27:29+00:00** Speaker signed. `passage`
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- **2025-05-12T19:32:38+00:00** President signed. `passage`
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- **2025-05-19T22:30:44+00:00** Governor signed. `executive-signature`
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- **2025-06-11T23:59:21+00:00** Chapter 96, (2025 Laws): Effective date January 1, 2026.
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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/49d72392-3825-46d9-90d4-1dd6630339b0`. Confidence: reported (aggregated from official Oregon legislature records).
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