Oregon 2025R1 Session Status: In Committee 3 R cosponsors

SB 676 — Limits the interest rate to no more than the prime rate plus one percent for loans advanced under the veterans' home and farm loan program.

Last action — In Senate Committee

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced February 28, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 20% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 3 sponsors

    3 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (3 R).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Digest: Limits the interest rate to no more than the prime rate plus one percent for loans advanced under the veterans' home and farm loan program. (Flesch Readability Score: 66.4). Limits the interest rate to no more than the prime rate plus one percent for loans advanced under the veterans' home and farm loan program. Appropriates moneys from the General Fund to the Department of Veterans' Affairs for deposit in the Oregon War Veterans' Fund, for the biennium beginning July 1, 2025, to be used to advance loans to qualified veterans for the acquisition of farms and homes.

Bill Text

We don't have the full text on file for this bill yet.

Read SB 676 on the official Oregon source →

Action History

  1. In Senate Committee

Sponsors

Sponsorship breakdown

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3 sponsors · 0 co-sponsors · 87 not signed on

Sponsors (3)

Co-sponsors (0)

None.

Not signed on (87)

87 members have not signed on to this bill.

Show all 87 →

"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance veterans
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB 676 do?
Digest: Limits the interest rate to no more than the prime rate plus one percent for loans advanced under the veterans' home and farm loan program. (Flesch Readability Score: 66.4). Limits the interest rate to no more than the prime rate plus one percent for loans advanced under the veterans' home and farm loan program. Appropriates moneys from the General Fund to the Department of Veterans' Affairs for deposit in the Oregon War Veterans' Fund, for the biennium beginning July 1, 2025, to be used to advance loans to qualified veterans for the acquisition of farms and homes.
Who sponsors SB 676?
SB 676 is sponsored by Noah Robinson (Republican), David Brock Smith (Republican), and Daniel Bonham (Republican).
What is the current status of SB 676?
This bill is in committee in the Senate. Introduced February 28, 2025. It must pass committee before a floor vote.
Where can I track SB 676?
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Last checked for changes 3 months ago · updated continuously

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