Oregon · 2025 Regular Session · Bill
SB 1158: Relating to specie legal tender; prescribing an effective date.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1158 is a bill introduced in the Oregon Senate on February 27, 2025. According to its official title, it concerns: Relating to specie legal tender; prescribing an effective date. Primary sponsor: Kim Thatcher (Republican). It lists 1 additional sponsor. Most recent recorded action (June 28, 2025): In committee upon adjournment.
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 gold and silver are legal tender. Exempts the purchase, sale and exchange of gold and silver from certain taxation. Takes effect on the 91st day following adjournment sine die.
Sponsors
Sponsors by party (alphabetical): Republican 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kim Thatcher | Primary sponsor | Republican | Senate | 11 |
| David Smith | Co-sponsor | Republican | Senate | 1 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- In committee upon adjournment.
- Public Hearing held.
- Referred to Finance and Revenue.
- Introduction and first reading. Referred to President's desk.