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: The Act directs the LRO to study the state financial system. (Flesch Readability Score: 72.6). Requires the Legislative Revenue Officer to study the state financial system. Directs the Legis- lative Revenue Officer to submit findings to the interim committees of the Legislative Assembly re- lated to revenue not later than December 1, 2026.
AI Summary
This bill directs the Legislative Revenue Officer (LRO), a state official responsible for analyzing financial and tax-related matters, to conduct a comprehensive study of the state's financial system. The LRO is required to prepare a detailed report, which may include proposed legislative recommendations, to be submitted to the interim legislative committees focused on revenue by December 1, 2026. The bill includes a sunset provision that automatically repeals the study requirement on January 2, 2027, effectively making this a time-limited mandate. The purpose appears to be to provide lawmakers with an in-depth review and potential insights into improving Oregon's financial systems and processes, with the study serving as a mechanism for potential future financial reforms or legislative changes.
Committee Categories
Budget and Finance
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/SB116 |
| Open Government Impact Statement for SB116 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/84315 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/SB116/Introduced |
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