HB2515 • 2025

Authorizes public bodies to enter into an intergovernmental agreement to pool bond proceeds or other funds into commonly managed investments without the oversight of the State Treasurer and the Oregon Investment Council.

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
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2025-06-27 House
In committee upon adjournment.
2025-03-25 House
Public Hearing held.
2025-02-10 House
Without recommendation as to passage and be referred to Revenue.
2025-02-10 House
Referred to Revenue by order of Speaker.
2025-02-06 House
Work Session held.
2025-01-17 House
Referred to Emergency Management, General Government, and Veterans.
2025-01-13 House
First reading. Referred to Speaker's desk.

Official Summary Text

Digest: The Act allows public bodies to agree to create pools of funds or proceeds to invest without help from the State Treasurer and the OIC. (Flesch Readability Score: 66.4).
Authorizes public bodies to enter into an intergovernmental agreement to pool bond proceeds or other funds into commonly managed investments without the oversight of the State Treasurer and the Oregon Investment Council.
Relating to: Relating to pools for the investment of funds of public bodies.
Current location: In House Committee