summary
Introduced
01/13/2025
01/13/2025
In Committee
01/17/2025
01/17/2025
Crossed Over
Passed
Dead
06/27/2025
06/27/2025
Introduced Session
2025 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: Tells a state agency to study insurance to protect things people own. (Flesch Readability Score: 60.7). Requires the Department of Consumer and Business Services to study property insurance. Di- rects the department to submit findings to the interim committees of the Legislative Assembly re- lated to insurance not later than September 15, 2026. Sunsets on January 2, 2027.
AI Summary
This bill requires the Oregon Department of Consumer and Business Services to conduct a comprehensive study on property insurance, with the goal of examining current insurance practices and potential areas for improvement. The department is mandated to prepare and submit a detailed report to the legislative assembly's interim insurance committees by September 15, 2026, which may include recommendations for future legislative action. The study is time-limited, with the legislation automatically repealing itself on January 2, 2027, effectively making this a temporary directive for the state agency to investigate and potentially propose reforms in the property insurance sector. By specifying that the report should be submitted in the manner provided by ORS 192.245 (a statute related to public records and reporting), the bill ensures that the study will follow established state guidelines for official documentation and transparency.
Committee Categories
Agriculture and Natural Resources
Sponsors (0)
No sponsors listed
Last Action
In committee upon adjournment. (on 06/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://olis.oregonlegislature.gov/liz/2025R1/Measures/Overview/SB72 |
| Open Government Impact Statement for SB72 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/84273 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/SB72/Introduced |
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