summary
Introduced
01/13/2025
01/13/2025
In Committee
01/17/2025
01/17/2025
Crossed Over
Passed
Dead
Introduced Session
2025 Legislative Measures
Bill Summary
The statement includes a measure digest written in compliance with applicable readability standards. Digest: Makes a hospital give to the OHA and make public on a website certain fiscal data. (Flesch Readability Score: 63.6). Requires a hospital to report to the Oregon Health Authority and make publicly available se- curities data and disclosures that the hospital provides to the federal Municipal Securities Rulemaking Board.
AI Summary
This bill requires hospitals licensed in Oregon to report and publicly disclose certain financial securities data to the Oregon Health Authority (OHA). Specifically, hospitals must share any securities data and disclosure documents that they already submit to the federal Municipal Securities Rulemaking Board (MSRB), a regulatory organization that oversees municipal bond markets. Hospitals must make this information available within 24 hours of submitting it to the MSRB, either on their own website or, if they do not have a website, in hard copy form in the hospital's reception areas. The reporting must be done in a format specified by the OHA, and these new reporting requirements are in addition to existing financial reporting obligations for hospitals under Oregon Revised Statutes. The bill aims to increase transparency by making hospitals' financial information more readily accessible to the public and state regulators.
Committee Categories
Health and Social Services
Sponsors (3)
Last Action
Referred to Behavioral Health and Health Care. (on 01/17/2025)
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/HB2920 |
| Open Government Impact Statement for HB2920 INTRO | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureAnalysisDocument/83894 |
| BillText | https://olis.oregonlegislature.gov/liz/2025R1/Downloads/MeasureDocument/HB2920/Introduced |
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