Requires the person that has ultimate control over an insurer to file a group capital calculation with the chief insurance regulatory official of the state that the Director of the Department of Consumer and Business Services determines is the lead state for the insurance holding company system of which the insurer is a part. Unless exempted from the requirement to file the group capital calculation, the person must file a group capital calculation made in accordance with standards that the National Association of Insurance Commissioners adopts. Requires insurers that meet one or more scope criteria during a given data year to conduct and report the results of a liquidity stress test in accordance with a framework adopted by the National Association of Insurance Commissioners. Specifies scope criteria for determining which insurers are subject to the requirement. Requires a deposit or bond from an insurer that the director determines is in a hazardous financial condition or a condition that would be grounds for supervision, conservation or delinquency proceedings. Gives the director discretion to determine the amount of the deposit or bond and the contract or contracts to which the deposit or bond applies. Subjects affiliates to the jurisdiction and authority of a supervisor, conservator, rehabilitator or liquidator appointed for an insurer for the purpose of interpreting, enforcing and overseeing the affiliate's obligations under a contract or agreement to perform services for the insurer. Requires the chief insurance regulatory official to maintain the confidentiality of certain information that the chief insurance regulatory official receives from an insurance holding company system. Prohibits an insurer, broker or other person engaged in any manner in the insurance business from making, publishing, disseminating or circulating a statement or representation with respect to the information. Takes effect on the 91st day following adjournment sine die.
] Directs the Department of Education to review , [ and ] make recommendations and develop best practices related to the recording of student absences and how school districts respond to student absences and to develop a common coding system for school districts to use for student absences . [ Requires school districts to report to the department when a student is not considered to have regular attendance. ].
] Prohibits landlords from inquiring about or [ disclosing ] discriminating on the basis of a tenant's or applicant's immigration or citizenship status , [ or ] rejecting an applicant [ due to immigration status. Prohibits discrimination based on immigration status for real property transactions. ] based on the type of identifying documentation or disclosing or threatening disclosure of an applicant's or a tenant's immigration or citizenship status for improper purposes. Authorizes statutory penalties. Becomes operative 30 days after the effective date. Declares an emergency, effective on passage.
Modifies eligibility requirements for distributions from the Children's Advocacy Center One-Time Grant Fund. Declares an emergency, effective on passage.
HB 2127 modifies laws governing franchise agreements between motor vehicle dealers and manufacturers, distributors, or importers. It directly affects auto dealers and the companies that supply them with vehicles. The bill makes unspecified changes to these franchise relationships but does not detail specific provisions in the provided context. The law takes effect January 1, 2026, after being signed by the Governor. (Note: The abstract and bill text provided do not specify the exact nature of the changes to the franchise laws.)
Requires an applicant for a license to manufacture psilocybin to submit to the Oregon Health Authority information regarding the ownership and location of the premises to be licensed or for which a license will be renewed . Prohibits the authority from issuing or renewing a license in specified circumstances. Requires an applicant for a license to produce or process marijuana to submit to the Oregon Liquor and Cannabis Commission information regarding the ownership and location of the premises to be licensed or for which a license will be renewed . Prohibits the commission from issuing or renewing a license in specified circumstances. Requires an applicant for a medical marijuana grow site or medical marijuana processing site registration to submit to the authority information regarding the ownership and location of the premises to be registered or for which a registration is being renewed . Prohibits the authority from issuing or renewing a registration in specified circumstances. Allows the authority to release certain information about a marijuana grow site to a county for purposes of verifying ownership of a premises for which a marijuana grow site registration may be issued or renewed. Takes effect on the 91st day following adjournment sine die.
] Reduces the duration of time that the Teacher Standards and Practices Commission is required to wait for verification that attempts were made to resolve a complaint through the processes of the school district before the commission no longer has a duty to investigate the complaint. Authorizes the commission to impose a civil penalty against a person who has engaged in conduct constituting grounds for discipline.
Limits biennial expenditures from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by the Public Records Advocate. Declares an emergency, effective July 1, 2025.
Prohibits selling or offering for sale a timeshare without a license. Establishes a timeshare real estate license. Directs the Real Estate Agency and Real Estate Commissioner to regulate and issue timeshare sales agent licenses. Becomes operative January 1, 2026. Declares an emergency, effective July 1, 2025.
Authorizes the Director of the Employment Department to compromise or adjust certain debts and overpayments relating to the paid family and medical leave program. Takes effect on the 91st day following adjournment sine die.
Makes changes to statutes related to unemployment insurance law and paid family and medical leave insurance law. Takes effect on the 91st day following adjournment sine die.
HB 2073 makes technical corrections and updates to Oregon's tax statutes. It amends various sections of the tax code to improve language, clarify procedures, and update references, such as those related to property tax collection. The bill also repeals several obsolete tax provisions and removes their mentions from other parts of the law. These changes primarily aim to ensure the accuracy and consistency of Oregon's tax laws, affecting the administration and interpretation of the tax code. The bill will become effective 91 days after the legislative session officially ends.
