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Bill > SB1543


OR SB1543

OR SB1543
Relating to transportation; declaring an emergency.


summary

Introduced
02/02/2026
In Committee
02/02/2026
Crossed Over
Passed
Dead
03/06/2026

Introduced Session

Potential new amendment
2026 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act makes changes to OTC and tells the OTC to make a policy about how to handle debt for road projects. The Act says that ODOT may still ask to issue bonds, but first it must let the OTC know and review the request. (Flesch Readability Score: 82.4). Modifies membership of the Oregon Transportation Commission. Directs the commission to develop a debt financing management policy for all forms of debt fi- nancing issued to finance highway projects. Provides that before the Department of Transportation may request the State Treasurer to issue bonds, the department must first submit the proposed request to the Oregon Transportation Com- mission for review. Declares an emergency, effective on passage.

AI Summary

This bill modifies the structure and responsibilities of the Oregon Transportation Commission (OTC), the state agency overseeing transportation projects, by increasing its membership to seven, including two non-voting legislative members, and requiring a representative from each of the state's five transportation regions, with at least one member whose primary travel is not by motor vehicle. Crucially, the bill mandates that the OTC develop a comprehensive policy for managing all forms of debt financing used for highway projects, including bonds, and requires the Department of Transportation (ODOT) to submit any request to the State Treasurer for issuing bonds to the OTC for review and public comment before it can proceed, ensuring greater oversight and transparency in how road projects are funded. Additionally, the bill mandates the OTC to update its bylaws to include publishing member email addresses and a process for making meeting materials publicly available in advance to allow for public engagement, and it requires ODOT to provide more detailed financial information on projects financed by debt issuance in its reports to the legislature.

Committee Categories

Transportation and Infrastructure

Sponsors (0)

No sponsors listed

Last Action

In committee upon adjournment. (on 03/06/2026)

bill text


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bill summary

Document Type Source Location
State Bill Page https://olis.oregonlegislature.gov/liz/2026R1/Measures/Overview/SB1543
Senate Committee On Transportation (2026-02-16) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/ProposedAmendment/30564
IS_Impact SB 1543 6 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314475
SB 1543 -1, -3, -5, -6 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314474
IS_Impact SB 1543 6 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314388
SB 1543 -1, -3, -5 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314279
IS_Impact SB 1543 5 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314277
IS_Impact SB 1543 3 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314276
IS_Impact SB 1543 5 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314211
SB 1543 -1, -3, -5 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314210
IS_Impact SB 1543 3 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314209
Senate Committee On Transportation (2026-02-16) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/ProposedAmendment/30485
Senate Committee On Transportation (2026-02-16) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/ProposedAmendment/30484
SB 1543 -1, -3, -5 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314107
Senate Committee On Transportation (2026-02-16) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/ProposedAmendment/30328
SB 1543 -1 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313536
SB 1543 -1 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313075
IS_Impact SB 1543 1 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313072
IS_Impact SB 1543 1 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313071
SB 1543 (witness registration) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313078
IS_Impact SB 1543 1 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313049
SB 1543 -1 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313048
IS_Impact SB 1543 1 https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312846
Senate Committee On Transportation (2026-02-09) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/ProposedAmendment/30072
SB 1543 -1 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312704
SB 1543 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312302
SB 1543 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312007
Rob Zako (testimony) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312035
SB 1543 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/311830
Open Government Impact Statement for SB1543 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94136
BillText https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/SB1543/Introduced
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