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OR HJR12

Joint Resolution

Official Source

Status

Failed

6/27/2025

Primary Sponsor

Paul Evans

Click for details

Origin

House of Representatives

2025 Legislative Measures

AI Summary

  • Amends Article XI, Section 1 of the Oregon Constitution to create an exception allowing the state to establish a public bank owned or operated by the State of Oregon
  • Current constitutional language prohibits the Legislative Assembly from establishing any bank, banking company, or monetary institution
  • Adds new subsection specifying the existing banking prohibition does not apply to state-owned or state-operated banks
  • Requires voter approval at the next regular general election before the constitutional amendment takes effect
  • Sponsored by Representative Evans during the 2025 Regular Session of the 83rd Oregon Legislative Assembly

Legislative Description

Proposing an amendment to the Oregon Constitution relating to banks.

Last Action

In committee upon adjournment.

6/27/2025

Committee Referrals

Rules1/24/2025

Full Bill Text

No bill text available