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Oregon · 2025 Regular Session · Bill

SB 102: Relating to Federal Home Loan Banks; and declaring an emergency.

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

SB 102 is a bill introduced in the Oregon Senate on January 13, 2025. According to its official title, it concerns: Relating to Federal Home Loan Banks; and declaring an emergency. Most recent recorded action (June 6, 2025): Effective date, May 19, 2025.

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.

Provides that a court may not stay or prohibit a Federal Home Loan Bank from exercising rights to collateral pledged by an insurer-member that is subject to a delinquency proceeding. Requires a receiver to comply with provisions of this Act with respect to claims against the insurer-member. Requires a Federal Home Loan Bank that exercises a right to collateral to repurchase any outstanding capital stock that exceeds the amount of Federal Home Loan Bank stock that the insurer-member must hold as a minimum investment, subject to certain determinations. Prohibits a receiver from voiding the transfer of, or obligation to transfer, moneys or property under the terms of a Federal Home Loan Bank security agreement. Declares an emergency, effective on passage.

Sponsors

NameRolePartyChamberDistrict
No sponsor recorded in source data.

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Effective date, May 19, 2025.
  2. Chapter 102, 2025 Laws.
  3. Governor signed.
  4. Speaker signed.
  5. President signed.
  6. Third reading. Carried by Reschke. Passed.
  7. Rules suspended. Carried over to May 8, 2025 Calendar.
  8. Rules suspended. Carried over to May 7, 2025 Calendar.
  9. Second reading.
  10. Recommendation: Do pass.
  11. Work Session held.
  12. Public Hearing held.

Showing 12 most recent of 21 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source