Bill

Bill > SB245


OR SB245

OR SB245
Relating to insurance.


summary

Introduced
01/13/2025
In Committee
01/17/2025
Crossed Over
Passed
Dead
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 and submit a report on what it finds. (Flesch Readability Score: 67.5). Requires the Department of Consumer and Business Services to study insurance. Directs the department to submit findings to the interim committees of the Legislative Assembly related to in- surance not later than September 15, 2026. Sunsets January 2, 2027.

AI Summary

This bill directs the Department of Consumer and Business Services to conduct a comprehensive study on insurance, with the requirement to submit a detailed report to the Legislative Assembly's interim insurance-related committees by September 15, 2026. The bill mandates that the report can include legislative recommendations and must be prepared in accordance with Oregon Revised Statute (ORS) 192.245, which likely governs the format and presentation of such reports. The study and reporting requirements will automatically expire on January 2, 2027, effectively creating a time-limited directive for the department to investigate and potentially propose improvements or changes to insurance practices. By setting a specific deadline and sunset date, the bill ensures a focused, time-bounded examination of insurance-related issues that could inform future policy decisions.

Committee Categories

Justice

Sponsors (0)

No sponsors listed

Last Action

In committee upon adjournment. (on 06/27/2025)

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