Relating to the securitization of a public utility's insurance program; and prescribing an effective date.
It became law on Mar 31.
- Stage
- Became law
- Started in
- House
- Latest action
- Apr 6
Where it stands
Introduced (Done)
Committee (Done)
Floor (Done)
Law (Done)
What it does
Authorizes a public utility, upon approval by the Public Utility Commission, to issue bonds and securitize debt for costs and expenses incurred or to be incurred by the public utility associated with a self-insurance or captive insurance program. Takes effect on the 91st day following adjournment sine die.
Where it goes next
Law in Oregon. Agencies now write the rules that carry it out, and courts can stay or strike it.
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Who is involved
OR HB 4077
- John LivelyLead sponsor
- Bobby LevyCo-sponsor
- Janeen SollmanCo-sponsor
Sponsors
The lawmakers who put their names on it, lead sponsors first.
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