Loading chat...
OR HB4077
Bill
Status
Enrolled
3/2/2026
Primary Sponsor
John Lively
Click for details
AI Summary
-
Authorizes public utilities in Oregon to issue bonds and securitize debt for costs associated with self-insurance or captive insurance programs, upon approval by the Public Utility Commission
-
Amends ORS 757.457 by adding self-insurance and captive insurance programs to the list of "rate recovery expenditures" that utilities may finance through bond issuance
-
Allows utilities to recover insurance program costs through rate recovery charges billed to customers
-
Takes effect 91 days after the 2026 regular session of the 83rd Legislative Assembly adjourns sine die
Legislative Description
Relating to the securitization of a public utility's insurance program; and prescribing an effective date.
Last Action
President signed.
3/5/2026
Committee Referrals
Energy and Environment2/19/2026
Climate, Energy, and Environment2/2/2026
Full Bill Text
No bill text available