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OR HB2966

Bill

Status

Failed

6/27/2025

Primary Sponsor

Mark Gamba

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Establishes the State Public Finance Task Force with 16 members appointed by the Senate President, House Speaker, State Treasurer, and Governor, including representatives from banking, credit unions, tribal government, municipal government, and family farms

  • Directs the task force to study public banking and public financing options, including secondary loan markets, depositories for credit unions and local governments, affordable housing construction financing, and a potential green bank

  • Requires the task force to submit a final report with findings and recommendations to the Legislative Assembly by December 31, 2026

  • Appropriates $400,000 from the General Fund to the State Treasurer to hire a consultant for research services related to the task force

  • Declares an emergency for immediate effect upon passage, with the task force provisions repealing on January 2, 2028

Legislative Description

Relating to a public finance task force; declaring an emergency.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Ways and Means3/11/2025
Commerce and Consumer Protection1/17/2025

Full Bill Text

No bill text available