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Oregon · 2025 Regular Session · Bill

SB 5505: Relating to state financial administration; 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 5505 is a bill introduced in the Oregon Senate on January 13, 2025. According to its official title, it concerns: Relating to state financial administration; and declaring an emergency. Most recent recorded action (August 13, 2025): Effective date, August 7, 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.

Establishes amounts authorized for issuance of general obligation bonds, revenue bonds, certificates of participation and other financing agreements for the biennium. Establishes amounts allocated for private activity bonds. [<i>Authorizes general obligation bonding for the Interstate 5 bridge replacement project for future biennia.</i>] Makes legislative findings regarding benefits to higher education institutions and community colleges from the issuance of bonds under Article XI-F(1) and Article XI-G of the Oregon Constitution. [<i>Requires a constructing authority to make certain certifications before issuance of bonds under Article XI-G of the Oregon Constitution.</i>] <b>Requires specified constructing authorities to meet certain conditions before issuance of specified bonds. Establishes restrictions on general obligation bonding for the benefit of community colleges. Establishes requirements applicable to certain contracts for specified higher education capital construction projects.</b> Declares an emergency, effective July 1, 2025.

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, August 7, 2025.
  2. Chapter 630, 2025 Laws.
  3. Governor signed.
  4. Speaker signed.
  5. President signed.
  6. Rules suspended. Third reading as Special Order of Business. Carried by Nosse. Passed.
  7. Rules suspended. Made a Special Order of Business immediately.
  8. Rules suspended. Second reading.
  9. Recommendation: Do pass.
  10. Referred to Ways and Means.
  11. First reading. Referred to Speaker's desk.
  12. Rules suspended. Third reading. Carried by Girod. Passed.

Showing 12 most recent of 22 actions. Full history

Sources

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