HB 2971 — Modifies the allowable investments for certain financial institutions.
Last action — Chapter Number Assigned
-
✓Introduced
-
✓In Committee
-
✓Passed House
-
✓Passed Senate
-
✓To Executive
-
6Enacted
This bill has been enacted into law. Introduced June 11, 2025. Enacted.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
-
Enacted
Current position in the legislative process.
-
1 sponsor
1 primary, 0 co-sponsors signed on.
-
Single-party support
Sponsorship is currently within one party (1 D).
-
Cleared a recorded vote
Passed 4 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Digest: The Act changes how certain banks can invest money. The Act changes how public depositories compute their net worth. (Flesch Readability Score: 63.6). Modifies the allowable investments for certain financial institutions. Modifies the method of calculating the net worth of qualified depositories.
Bill Text
We don't have the full text on file for this bill yet.
Read HB 2971 on the official Oregon source →Action History
-
Chapter Number Assigned
Sponsors
- David Gomberg · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 89 not signed on
Sponsors (1)
- David Gomberg Democrat
Co-sponsors (0)
None.
Not signed on (89)
89 members have not signed on to this bill.
Show all 89 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 16 | 0 | 0 | 0 |
| Republican | 9 | 0 | 0 | 2 |
| Unaffiliated | 1 | 0 | 0 | 1 |
| Total | 26 | 0 | 0 | 3 |
| % of votes cast | 90% | 0% | 0% | 10% |
How each member voted (29)
| Member | Party | Vote |
|---|---|---|
| Sen Smith DB | — | Not Voting |
| Sen Pham | — | Yea |
| Anthony Broadman | Democrat | Yea |
| Chris Gorsek | Democrat | Yea |
| Deb Patterson | Democrat | Yea |
| Floyd Prozanski | Democrat | Yea |
| James Manning Jr. | Democrat | Yea |
| Janeen Sollman | Democrat | Yea |
| Jeff Golden | Democrat | Yea |
| Kate Lieber | Democrat | Yea |
| Kathleen Taylor | Democrat | Yea |
| Kayse Jama | Democrat | Yea |
| Lew Frederick | Democrat | Yea |
| Lisa Reynolds | Democrat | Yea |
| Mark Meek | Democrat | Yea |
| Rob Wagner | Democrat | Yea |
| Sara Gelser Blouin | Democrat | Yea |
| Wlnsvey Campos | Democrat | Yea |
| Bruce Starr | Republican | Not Voting |
| Cedric Hayden | Republican | Yea |
| Daniel Bonham | Republican | Yea |
| Diane Linthicum | Republican | Not Voting |
| Dick Anderson | Republican | Yea |
| Fred Girod | Republican | Yea |
| Kim Thatcher | Republican | Yea |
| Mike McLane | Republican | Yea |
| Noah Robinson | Republican | Yea |
| Suzanne Weber | Republican | Yea |
| Todd Nash | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 2 | 0 | 0 | 0 |
| Democrat | 2 | 0 | 0 | 0 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Total | 5 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Sen Pham | — | Yea |
| Deb Patterson | Democrat | Yea |
| Kathleen Taylor | Democrat | Yea |
| Cedric Hayden | Republican | Yea |
| Daniel Bonham | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 27 | 0 | 0 | 3 |
| Republican | 21 | 0 | 0 | 1 |
| Unaffiliated | 7 | 0 | 0 | 1 |
| Total | 55 | 0 | 0 | 5 |
| % of votes cast | 92% | 0% | 0% | 8% |
How each member voted (60)
| Member | Party | Vote |
|---|---|---|
| Rep Levy E | — | Yea |
| Rep Nguyen H | — | Not Voting |
| Rep Smith G | — | Yea |
| Rep Neron | — | Yea |
| Rep Levy B | — | Yea |
| Rep Nguyen D | — | Yea |
| Rep Pham H | — | Yea |
| Rep Munoz | — | Yea |
| Andrea Valderrama | Democrat | Yea |
| Annessa Hartman | Democrat | Yea |
| April Dobson | Democrat | Yea |
| Ben Bowman | Democrat | Yea |
| Dacia Grayber | Democrat | Yea |
| David Gomberg | Democrat | Yea |
| Farrah Chaichi | Democrat | Yea |
| Jason Kropf | Democrat | Yea |
| John Lively | Democrat | Yea |
| Jules Walters | Democrat | Not Voting |
| Julie Fahey | Democrat | Not Voting |
| Ken Helm | Democrat | Yea |
| Lisa Fragala | Democrat | Yea |
| Mari Watanabe | Democrat | Yea |
| Mark Gamba | Democrat | Yea |
| Nancy Nathanson | Democrat | Yea |
| Nathan Sosa | Democrat | Yea |
| Pam Marsh | Democrat | Yea |
| Paul Evans | Democrat | Not Voting |
| Ricki Ruiz | Democrat | Yea |
| Rob Nosse | Democrat | Yea |
| Sarah McDonald | Democrat | Yea |
| Shannon Isadore | Democrat | Yea |
| Susan McLain | Democrat | Yea |
| Tawna Sanchez | Democrat | Yea |
| Thuy Tran | Democrat | Yea |
| Tom Andersen | Democrat | Yea |
| Travis Nelson | Democrat | Yea |
| Willy Chotzen | Democrat | Yea |
| Zach Hudson | Democrat | Yea |
| Alek Skarlatos | Republican | Yea |
| Anna Scharf | Republican | Yea |
| Boomer Wright | Republican | Yea |
| Christine Drazan | Republican | Yea |
| Court Boice | Republican | Yea |
| Cyrus Javadi | Republican | Yea |
| Darcey Edwards | Republican | Yea |
| Darin Harbick | Republican | Yea |
| Dwayne Yunker | Republican | Yea |
| E. Werner Reschke | Republican | Yea |
| Ed Diehl | Republican | Yea |
| Emily McIntire | Republican | Yea |
| Jami Cate | Republican | Not Voting |
| Jeffrey Helfrich | Republican | Yea |
| Kevin Mannix | Republican | Yea |
| Kim Wallan | Republican | Yea |
| Lucetta Elmer | Republican | Yea |
| Mark Owens | Republican | Yea |
| Rick Lewis | Republican | Yea |
| Shelly Boshart Davis | Republican | Yea |
| Vikki Breese-Iverson | Republican | Yea |
| Virgle Osborne | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 3 | 0 | 0 | 1 |
| Democrat | 5 | 0 | 0 | 0 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Total | 9 | 0 | 0 | 1 |
| % of votes cast | 90% | 0% | 0% | 10% |
How each member voted (10)
| Member | Party | Vote |
|---|---|---|
| Rep Neron | — | Yea |
| David Gomberg | Democrat | Yea |
| Farrah Chaichi | Democrat | Yea |
| Jules Walters | Democrat | Yea |
| Nathan Sosa | Democrat | Yea |
| Willy Chotzen | Democrat | Yea |
| E. Werner Reschke | Republican | Yea |
| Jami Cate | Republican | Not Voting |
| Kim Wallan | Republican | Yea |
| Virgle Osborne | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 2971 do?
- Digest: The Act changes how certain banks can invest money. The Act changes how public depositories compute their net worth. (Flesch Readability Score: 63.6). Modifies the allowable investments for certain financial institutions. Modifies the method of calculating the net worth of qualified depositories.
- Who sponsors HB 2971?
- HB 2971 is sponsored by David Gomberg (Democrat).
- What is the current status of HB 2971?
- This bill has been enacted into law. Introduced June 11, 2025. Enacted.
- Where can I track HB 2971?
- Track HB 2971 free on One Click Politics — get push/email alerts when it moves.
Make your voice heard on HB 2971
Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.
Stay ahead of HB 2971
Last checked for changes 3 months ago · updated continuously
One Click Politics tracks every bill in Congress and all 50 states.
Track this bill →