Oregon Senate Bill 1553 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on April 11 2018 - 100% progression
Action: 2018-04-11 - Effective date, January 1, 2019.
Text: Latest bill text (Introduced) [PDF]

Provides that debt collector engages in unlawful collection practice if debt collector is debt buyer, or is acting on debt buyer's behalf, and collects or attempts to collect purchased debt before providing to debtor, within 30 days after date of debtor's request, certain documents that establish nature and amount of debt. Requires insurers, fraternal benefit societies and certain nonprofit corporations to apply to and obtain from Secretary of State authorization to transact business in this state. Specifies effect of failing to obtain authorization. Requires insurer, fraternal benefit society or nonprofit corporation to maintain registered agent and registered office in this state.] Permits plaintiff to recover greater of $5,000 or actual damages in cause of action that arises out of business or transaction with insurer, fraternal benefit society or nonprofit corporation that has not obtained authorization to transact business in state. Permits Secretary of State to impose civil penalty of not more than $1,000 for failure to obtain authorization to transact business in this state.] Imposes public safety assessment on covered entities. Establishes Public Safety Assessment Fund. Transfers revenues to fund. Applies to calendar years beginning on or after January 1, 2019.] Takes effect on 91st day following adjournment sine die.]

Relating to regulation of certain business entities.

Sen. Brian Boquist [R]

2018-03-03 - House - House Third Reading (Y: 58 N: 0 NV: 0 Abs: 2) [PASS]
2018-03-03 - House - House Committee Do Pass the A-Eng bill (Y: 9 N: 0 NV: 0 Abs: 0) [PASS]
2018-03-02 - Senate - Senate Third Reading (Y: 29 N: 0 NV: 0 Abs: 1) [PASS]
2018-03-02 - Senate - Senate Committee Do pass with amendments. (Printed A-Eng.) (Y: 4 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2018-04-11	Senate	Effective date, January 1, 2019.
2018-04-11	Senate	Chapter 79, 2018 Laws.
2018-04-03	Senate	Governor signed.
2018-03-06	House	Speaker signed.
2018-03-06	Senate	President signed.
2018-03-03	House	Rules suspended. Third reading. Carried by Holvey. Passed. Ayes, 58; Excused, 2--Hayden, Heard.
2018-03-03	House	Second reading.
2018-03-03	House	Recommendation: Do pass.
2018-03-03	House	Work Session held.
2018-03-02	House	Referred to Rules.
2018-03-02	House	First reading. Referred to Speaker's desk.
2018-03-02	Senate	Rules suspended. Third reading. Carried by Boquist. Passed. Ayes, 29; Excused, 1--Kruse.
2018-03-02	Senate	Second reading.
2018-03-02	Senate	Recommendation: Do pass with amendments. (Printed A-Eng.) Amdendments distributed.
2018-03-02	Senate	Public Hearing and Work Session held.
2018-02-05	Senate	Referred to Finance and Revenue.
2018-02-05	Senate	Introduction and first reading. Referred to President's desk.
2018-01-22	Senate	Presession Released to the Public.

Type	Source
Summary	https://olis.oregonlegislature.gov/liz/2018R1/Measures/Overview/SB1553
Text	https://olis.oregonlegislature.gov/liz/2018R1/Downloads/MeasureDocument/SB1553/Introduced
Text	https://olis.oregonlegislature.gov/liz/2018R1/Downloads/MeasureDocument/SB1553/Senate%20Amendments%20to%20Introduced
Text	https://olis.oregonlegislature.gov/liz/2018R1/Downloads/MeasureDocument/SB1553/A-Engrossed
Text	https://olis.oregonlegislature.gov/liz/2018R1/Downloads/MeasureDocument/SB1553/Enrolled
Roll Call	https://olis.oregonlegislature.gov/liz/2018R1/CommitteeReports/MajorityReport/27379
Roll Call	https://olis.oregonlegislature.gov/liz/2018R1/Measures/MeasureVotes?id=433584
Roll Call	https://olis.oregonlegislature.gov/liz/2018R1/CommitteeReports/MajorityReport/27421
Roll Call	https://olis.oregonlegislature.gov/liz/2018R1/Measures/MeasureVotes?id=434000