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HB2200 • 2025

Directs the Oregon Investment Council and the State Treasurer to take certain actions to reduce the carbon intensity of state investments and address certain investment risks relating to climate change.

Directs the Oregon Investment Council and the State Treasurer to take certain actions to reduce the carbon intensity of state investments and address certain investment risks relating to climate change.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Last action
2025-06-27
Official status
In House Committee Awaiting transfer to Desk
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Directs the Oregon Investment Council and the State Treasurer to take certain actions to reduce the carbon intensity of state investments and address certain investment risks relating to climate change.

Digest: The Act requires the OIC and the State Treasurer to take steps to reduce the carbon impact of certain state investments.

What This Bill Does

  • Digest: The Act requires the OIC and the State Treasurer to take steps to reduce the carbon impact of certain state investments.
  • (Flesch Readability Score: 64.6).
  • Directs the Oregon Investment Council and the State Treasurer to take certain actions to reduce the carbon intensity of state investments and address certain investment risks relating to climate change.
  • Directs the State Treasurer to report on the carbon intensity of certain investments.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-06-27 House

    In committee upon adjournment.

  2. 2025-04-08 House

    Work Session held.

  3. 2025-03-13 House

    Public Hearing held.

  4. 2025-01-28 House

    Public Hearing held.

  5. 2025-01-17 House

    Referred to Emergency Management, General Government, and Veterans with subsequent referral to Ways and Means.

  6. 2025-01-13 House

    First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act requires the OIC and the State Treasurer to take steps to reduce the carbon impact of certain state investments. (Flesch Readability Score: 64.6).
Directs the Oregon Investment Council and the State Treasurer to take certain actions to reduce the carbon intensity of state investments and address certain investment risks relating to climate change. Directs the State Treasurer to report on the carbon intensity of certain investments.
Relating to: Relating to sustainable investing.
Current location: In House Committee Awaiting transfer to Desk

Current Bill Text

Read the full stored bill text 
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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
House Bill 2200
Introduced and printed pursuant to House Rule 12.00. Presession filed (at the request of State Treasurer Tobias
Read)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced. The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: The Act requires the OIC and the State Treasurer to take steps to reduce the carbon
impact of certain state investments. (Flesch Readability Score: 64.6).
Directs the Oregon Investment Council and the State Treasurer to take certain actions to re-
duce the carbon intensity of state investments and address certain investment risks relating to cli-
mate change. Directs the State Treasurer to report on the carbon intensity of certain investments.
A BILL FOR AN ACT
Relating to sustainable investing.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
(1) The Oregon Investment Council and the State Treasurer, in the State
Treasurer’s role as investment officer for the council, shall act reasonably and in a manner
consistent with ORS 293.721 and 293.726 to:
(a) Reduce the carbon intensity of the state’s investment portfolio;
(b) Address investment risk resulting from climate change to the moneys in the Public
Employees Retirement Fund; and
(c) Make efforts to achieve net zero carbon emissions within the fund by the year 2050.
(2) The State Treasurer shall track and periodically report on the carbon intensity of
investments within the fund.
SECTION 2.
In addition to and not in lieu of any other appropriation, there is appropri-
ated to the State Treasurer, for the biennium beginning July 1, 2025, out of the General
Fund, the amount of $____, to carry out the provisions of section 1 of this 2025 Act.
NOTE: Matter in boldfaced type in an amended section is new; matter [ italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 257