HB 3435

  • Oregon House Bill
  • 2017 Regular Session
  • Introduced in House Jun 22, 2017
  • House
  • Senate
  • Signed by Governor Aug 08, 2017

Relating to county road fund moneys; and prescribing an effective date.

Abstract

Authorizes moneys from federal sources in county road fund of Curry County, Klamath County or Yamhill County to be loaned to taxing district within county, another county or taxing district within another county, only pursuant to legally binding intergovernmental agreement or loan agreement. Provides maximum limit on loan amount. Provides that rate of interest may not be less than average rate of return earned over immediately preceding 12-month period by county moneys in local government investment pool. Requires intergovernmental agreement or loan agreement to establish remedies in favor of lender county if borrower taxing district or county defaults on debt service obligations. Requires lender county to disclose loan to Oregon Municipal Debt Advisory Commission. Prohibits lending of moneys from state and local sources that are subject to Article IX, section 3a, of Oregon Constitution. Takes effect on 91st day following adjournment sine die.

Bill Sponsors (3)

Votes


Actions


Aug 18, 2017

Oregon Legislative Assembly

Chapter 682, (2017 Laws): Effective date October 6, 2017.

Aug 08, 2017

Oregon Legislative Assembly

Governor signed.

Jul 18, 2017

Oregon Legislative Assembly

President signed.

Jul 10, 2017

Oregon Legislative Assembly

Speaker signed.

Jul 06, 2017

Oregon Legislative Assembly

House concurred in Senate amendments and repassed bill.

Jul 04, 2017

Oregon Legislative Assembly

Third reading. Carried by Boquist. Passed.

Jul 03, 2017

Oregon Legislative Assembly

Second reading.

Jul 01, 2017

Oregon Legislative Assembly

Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)

Jul 01, 2017

Oregon Legislative Assembly

Work Session held.

Jun 27, 2017

Oregon Legislative Assembly

Public Hearing and Work Session held.

Jun 23, 2017

Oregon Legislative Assembly

Referred to Finance and Revenue.

Jun 22, 2017

Oregon Legislative Assembly

First reading. Referred to President's desk.

Jun 21, 2017

Oregon Legislative Assembly

Third reading. Carried by Smith DB. Passed.

Jun 20, 2017

Oregon Legislative Assembly

Second reading.

Jun 19, 2017

Oregon Legislative Assembly

Recommendation: Do pass with amendments and be printed A-Engrossed.

Jun 14, 2017

Oregon Legislative Assembly

Work Session held.

Jun 12, 2017

Oregon Legislative Assembly

Work Session held.

Apr 19, 2017

Oregon Legislative Assembly

Public Hearing held.

Apr 05, 2017

Oregon Legislative Assembly

Referred to Revenue.

Apr 04, 2017

Oregon Legislative Assembly

First reading. Referred to Speaker's desk.

Bill Text

Bill Text Versions Format
Senate Amendments to A-Engrossed PDF
Introduced PDF
House Amendments to Introduced PDF
Enrolled PDF
B-Engrossed PDF
A-Engrossed PDF

Related Documents

Document Format
No related documents.

Sources

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