SB 1027 Oregon Senate · 2017 Regular Session

Relating to the Oregon 529 Savings Network; and declaring an emergency.

Summary
Prohibits Department of Human Services and Oregon Health Authority from seeking payment from amounts in ABLE account. Specifies that Oregon 529 Savings Network, Oregon 529 Savings Board, board members and State of Oregon may not insure or guarantee rate of return on ABLE account and are not liable for loss incurred by any person as result of establishing or contributing to ABLE account. Specifies that only board or financial institution in which network moneys are held may direct investment of amounts held in trust by network. Provides that board may enter into agreements with other states to provide services related to ABLE programs. Declares emergency, effective on passage.
Bill status signed all 4 stages cleared
Introduction
Mar 2017
Committee Review
May 2017
Senate Passage
Apr 2017
Signed into Law
Jun 2017
Introduced Mar 15, 2017 Signed Jun 14, 2017
Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
23
Key actions
7
Committee
4
Jun 14, 2017
Signed into law
Governor signed.
legislature
Jun 9, 2017
Legislature · Passed
Speaker signed.
legislature
Jun 7, 2017
Legislature · Passed
President signed.
legislature
Jun 5, 2017
Legislature · Passed
Third reading. Carried by Hayden. Passed.
legislature
May 24, 2017
Legislature · Passed
Recommendation: Do pass.
legislature
Apr 26, 2017
Committee
Referred to Human Services and Housing.
legislature
Apr 19, 2017
Introduced
First reading. Referred to Speaker's desk.
legislature
Apr 18, 2017
Legislature · Passed
Third reading. Carried by Gelser. Passed.
legislature
Apr 14, 2017
Legislature · Passed
Recommendation: Do pass with amendments. (Printed A-Eng.)
legislature
Mar 20, 2017
Committee
Referred to Human Services.
legislature
Mar 15, 2017
Introduced
Introduction and first reading. Referred to President's desk.
legislature
2 primary · 0 co-sponsors

Sponsors