OR HB2274 | 2023 | Regular Session
Status
Completed Legislative Action
Spectrum: Unknown
Status: Passed on August 15 2023 - 100% progression
Action: 2023-08-15 - Chapter 494, (2023 Laws): Effective date September 24, 2023.
Text: Latest bill text (Engrossed) [PDF]
Spectrum: Unknown
Status: Passed on August 15 2023 - 100% progression
Action: 2023-08-15 - Chapter 494, (2023 Laws): Effective date September 24, 2023.
Text: Latest bill text (Engrossed) [PDF]
Summary
Permits Director of Department of Consumer and Business Services to make any proper inquiry of person or matter connected with offering, purchasing or selling any security or conducting securities business and requires person to reply promptly and truthfully to inquiry. Permits Director of Department of Consumer and Business Services to make any proper inquiry of person or matter connected with offering, purchasing or selling any security or conducting securities business and requires person to reply promptly and truthfully to inquiry. Provides confidentiality for and prohibits disclosure of certain materials that Director of Department of Consumer and Business Services gathers, compiles or creates as part of examination or investigation of person in connection with offer, purchase or sale of security or conduct of securities business and specifies exemptions from prohibition on disclosure. Permits examination of officer of department concerning records that are exempt from disclosure under specified circumstances. Permits director to use confidential materials or information to extent director considers necessary in action, suit or proceeding to investigate or prosecute apparent violations of Oregon Securities Law. Imposes penalty of not more than $60,000 for violation of Oregon Securities Law and maximum of $300,000 for continuing violation. Permits director to order restitution. Takes effect on 91st day following adjournment sine die.
Title
Relating to securities regulation; and prescribing an effective date.
Sponsors
| No sponsor information available at this time. |
Roll Calls
2023-06-22 - House - House Third Reading in Concurrence (Y: 51 N: 1 NV: 0 Abs: 8) [PASS]
2023-06-21 - Senate - Senate Third Reading (Y: 24 N: 0 NV: 0 Abs: 6) [PASS]
2023-05-04 - Senate - Senate Committee Do pass with amendments to the A-Eng bill. (Printed B-Eng.) (Y: 3 N: 0 NV: 0 Abs: 2) [PASS]
2023-04-05 - House - House Third Reading (Y: 55 N: 0 NV: 0 Abs: 5) [PASS]
2023-03-23 - House - House Committee Do pass with amendments. (Printed A-Eng.) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
2023-06-21 - Senate - Senate Third Reading (Y: 24 N: 0 NV: 0 Abs: 6) [PASS]
2023-05-04 - Senate - Senate Committee Do pass with amendments to the A-Eng bill. (Printed B-Eng.) (Y: 3 N: 0 NV: 0 Abs: 2) [PASS]
2023-04-05 - House - House Third Reading (Y: 55 N: 0 NV: 0 Abs: 5) [PASS]
2023-03-23 - House - House Committee Do pass with amendments. (Printed A-Eng.) (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2023-08-15 | House | Chapter 494, (2023 Laws): Effective date September 24, 2023. |
| 2023-07-31 | House | Governor signed. |
| 2023-06-24 | Senate | President signed. |
| 2023-06-24 | House | Speaker signed. |
| 2023-06-22 | House | House concurred in Senate amendments and repassed bill. Ayes, 51; Nays, 1--Evans; Excused, 7--Boshart Davis, Diehl, Elmer, Morgan, Nguyen H, Reschke, Wright; Excused for Business of the House, 1--Speaker Rayfield. |
| 2023-06-21 | Senate | Vote explanation(s) filed by Findley. |
| 2023-06-21 | Senate | Third reading. Carried by Taylor. Passed. Ayes, 24; Absent, 5--Boquist, Hayden, Linthicum, Robinson, Thatcher; Excused, 1--Steiner. |
| 2023-06-20 | Senate | Carried over to 06-21 by unanimous consent. |
| 2023-06-16 | Senate | Carried over to 06-20 by unanimous consent. |
| 2023-06-15 | Senate | Second reading. |
| 2023-05-08 | Senate | Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.) |
| 2023-05-04 | Senate | Work Session held. |
| 2023-04-20 | Senate | Public Hearing held. |
| 2023-04-11 | Senate | Referred to Labor and Business. |
| 2023-04-06 | Senate | First reading. Referred to President's desk. |
| 2023-04-05 | House | Third reading. Carried by Grayber. Passed. Ayes, 55; Excused, 3--Boice, Bynum, Walters; Excused for Business of the House, 2--Boshart Davis, Scharf. |
| 2023-04-04 | House | Rules suspended. Carried over to April 5, 2023 Calendar. |
| 2023-04-03 | House | Rules suspended. Carried over to April 4, 2023 Calendar. |
| 2023-03-30 | House | Rules suspended. Carried over to April 3, 2023 Calendar. |
| 2023-03-29 | House | Second reading. |
| 2023-03-28 | House | Recommendation: Do pass with amendments and be printed A-Engrossed. |
| 2023-03-23 | House | Work Session held. |
| 2023-01-26 | House | Public Hearing held. |
| 2023-01-12 | House | Referred to Emergency Management, General Government, and Veterans. |
| 2023-01-09 | House | First reading. Referred to Speaker's desk. |
