Oregon · 2025 Regular Session · Bill
HB 2971: Relating to financial institutions.
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 2971 is a bill introduced in the Oregon House on January 13, 2025. According to its official title, it concerns: Relating to financial institutions. Primary sponsor: David Gomberg (Democratic). Most recent recorded action (June 11, 2025): Chapter 96, (2025 Laws): Effective date January 1, 2026.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Modifies the allowable investments for certain financial institutions. Modifies the method of calculating the net worth of qualified depositories.
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| David Gomberg | Primary sponsor | Democratic | House | 10 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Chapter 96, (2025 Laws): Effective date January 1, 2026.
- Governor signed.
- President signed.
- Speaker signed.
- Third reading. Carried by Taylor. Passed.
- Carried over to 05-08 by unanimous consent.
- Second reading.
- Recommendation: Do pass the A-Eng. bill.
- Work Session held.
- Public Hearing held.
- Referred to Labor and Business.
- First reading. Referred to President's desk.
Showing 12 most recent of 19 actions. Full history