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SB 361 Oregon Senate · 2019 Regular Session

Relating to the prudent investor rule.

Summary
Modifies prudent investor rule to allow trustee to consider settlor's or beneficiaries' personal values, including settlor's or beneficiaries' desire to engage in sustainable or socially responsible investment strategies aligning with settlor's or beneficiaries' social, environmental, social and ] governance factors of investments ] or other values or beliefs, and beneficiaries' financial needs, when making investment decisions.
Bill status signed all 5 stages cleared
Introduction
Jan 2019
Committee Review
Jun 2019
Senate Passage
Jun 2019
House Passage
Jun 2019
Signed into Law
Jul 2019
Introduced Jan 14, 2019 Signed Jul 15, 2019
Floor votes · Senate May 29, 2019 · House Jun 18, 2019

How they voted

18–10
Passed · 1 other
Total votes 29
May 29, 2019
D Democratic18
18 Yea
100% Yea
I Independent1
1 Nay
100% Nay
R Republican10
9 Nay 1
90% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
22
Key actions
8
Committee
6
Jul 15, 2019
Signed into law
Governor signed.
upper
Jun 25, 2019
Lower · Passed
Speaker signed.
lower
Jun 24, 2019
Upper · Passed
President signed.
upper
Jun 18, 2019
Lower · Passed
Third reading. Carried by Smith Warner. Passed.
lower
Jun 14, 2019
Lower · Passed
Recommendation: Do pass.
lower
Jun 4, 2019
Committee
Referred to Rules.
lower
May 30, 2019
Introduced
First reading. Referred to Speaker's desk.
lower
May 29, 2019
Upper · Passed
Third reading. Carried by Burdick. Passed.
upper
May 28, 2019
Upper · Passed
Recommendation: Do pass the A-Eng. bill.
upper
Apr 5, 2019
Committee
Referred to Rules by order of the President.
upper
Apr 5, 2019
Upper · Passed
Recommendation: Do Pass with amendments. (Printed A-Eng.)
upper
Jan 16, 2019
Committee
Referred to Judiciary.
upper
Jan 14, 2019
Introduced
Introduction and first reading. Referred to President's desk.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.