Relating to the Oregon 529 Savings Network; and declaring an emergency.
It became law on Jun 22, 2017.
- Stage
- Became law
- Started in
- Senate
- Latest action
- Jun 22, 2017
What it does
Prohibits Department of Human Services and Oregon Health Authority from seeking payment from amounts in ABLE account. Specifies that Oregon 529 Savings Network, Oregon 529 Savings Board, board members and State of Oregon may not insure or guarantee rate of return on ABLE account and are not liable for loss incurred by any person as result of establishing or contributing to ABLE account. Specifies that only board or financial institution in which network moneys are held may direct investment of amounts held in trust by network. Provides that board may enter into agreements with other states to provide services related to ABLE programs. Declares emergency, effective on passage.
Where it stands
This bill passed and is now law.
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
It is law in Oregon. What happens now is up to the agency that carries it out, the courts, and the place itself.