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Bill > HB4077

OR HB4077

OR HB4077
Relating to the securitization of a public utility's insurance program; and prescribing an effective date.

summary

Introduced
02/02/2026
In Committee
02/27/2026
Crossed Over
02/19/2026
Passed
03/02/2026
Dead

Introduced Session

2026 Legislative Measures

Bill Summary

AN ACT Relating to the securitization of a public utility’s insurance program; amending ORS 757.457; and prescribing an effective date.

AI Summary

This bill amends existing law to allow public utilities to include costs from their self-insurance or captive insurance programs, if approved by the Public Utility Commission, as "rate recovery expenditures." These expenditures, along with associated financing costs, can then be recovered from customers through "rate recovery bonds" and "rate recovery charges," which are essentially mechanisms to finance these costs and repay bondholders. The bill also clarifies the effective date of this change.

Committee Categories

Agriculture and Natural Resources

Sponsors (3)

Last Action

Third reading. Carried by Robinson. Passed. Ayes, 28; Excused, 2--Drazan, Girod. (on 03/02/2026)

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Document Type Source Location
State Bill Page https://olis.oregonlegislature.gov/liz/2026R1/Measures/Overview/HB4077
BillText https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4077/Enrolled
Staff Measure Summary for HB4077 INTRO (Senate) for the Senate Committee On Energy and Environment https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/95245
HB 4077 (witness registration) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/315547
IS_Impact HB 4077 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/315058
IS_Impact HB 4077 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/315057
HB 4077 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/314961
Staff Measure Summary for HB4077 INTRO (House) for the House Committee On Climate, Energy, and Environment https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94547
IS_Impact HB 4077 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313792
HB 4077 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313791
IS_Impact HB 4077 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312792
Fiscal Impact Statement for HB4077 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94461
HB 4077 (witness registration) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/313175
Revenue Impact Statement for HB4077 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94312
HB 4077 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312665
HB 4077 (witness registration) https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312467
HB 4077 Preliminary SMS https://olis.oregonlegislature.gov/liz/2026R1/Downloads/CommitteeMeetingDocument/312161
Open Government Impact Statement for HB4077 INTRO https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureAnalysisDocument/94016
BillText https://olis.oregonlegislature.gov/liz/2026R1/Downloads/MeasureDocument/HB4077/Introduced
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