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OR SJR17
Joint Resolution
Status
6/27/2025
Primary Sponsor
Lew Frederick
Click for details
AI Summary
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Amends Article XI, Section 1 of the Oregon Constitution to clarify that existing restrictions on banks do not prohibit the state from establishing a state-owned or state-operated public bank.
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Retains current constitutional language prohibiting the Legislature from establishing private banks or allowing institutions to issue paper currency to circulate as money.
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Refers the proposed constitutional amendment to Oregon voters for approval or rejection at the next regular general election.
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Sponsored by Senator Frederick and filed as a presession measure for the 2025 Regular Session.
Legislative Description
Proposing an amendment to the Oregon Constitution relating to banks.
Last Action
In committee upon adjournment.
6/27/2025