Oregon 2026 Regular Session Status: Enacted Bipartisan · 13 R · 6 D cosponsors

HB 4075 — Relating to hospital finance; and declaring an emergency.

Last action — Chapter 111, (2026 Laws): Effective date April 7, 2026.

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

This bill has been enacted into law. Introduced February 02, 2026. Enacted.

Signed by Governor Tina Kotek (Democratic) on April 07, 2026.

Prognosis

Likely to advance 98% · high confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 19 sponsors

    4 primary, 15 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (13 R · 6 D) — cross-party backing.

  • Cleared a recorded vote

    Passed 5 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

</b> </i>] [<i>Authorizes</i>]<b> Requires</b> the State Treasurer to [<i>loan</i>]<b> use</b> up to [<i>20 percent of</i>] <b>$44 million from </b>the Unclaimed Property and Estates Fund to <b>guarantee a loan made to a</b> rural [<i>hospitals</i>]<b> hospital</b> for financial stabilization. Declares an emergency, effective on passage.

Bill Text

What changed in the latest version

79 added · 79 removed

Plain-language change summary

The latest version of HB 4075 adds a requirement for the State Treasurer to guarantee loans specifically for eligible rural hospitals, ensuring they can address cash shortages without expanding their operations. The amendment specifies the criteria for these loans, such as being made to hospitals with elected boards and securing funding for financial stabilization only. This change is important because it aims to strengthen the financial health of rural hospitals, which are critical to community health services, especially in underserved areas.

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83rd OREGON LEGISLATIVE ASSEMBLY--2026 Regular Session A-Engrossed House Bill 4075 Ordered by the House February 26 Including House Amendments dated February 26 Sponsored by Representative WRIGHT, Senator SMITH DB, Representative JAVADI;
83rd OREGON LEGISLATIVE ASSEMBLY--2026 Regular Session Enrolled House Bill 4075 Sponsored by Representative WRIGHT, Senator SMITH DB, Representatives JAVADI, BOICE;
Representatives EDWARDS, HELFRICH, MANNIX, MCINTIRE, MUNOZ, NELSON, NOSSE, OSBORNE, PHAM H, RESCHKE, SCHARF, Senator WEBER (Presession filed.) SUMMARY The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject to consideration by the Legislative Assembly.
Representatives EDWARDS, EVANS, HELFRICH, LEVY B, MANNIX, MCINTIRE, MUNOZ, NELSON, NGUYEN D, NOSSE, OSBORNE, PHAM H, RESCHKE, SCHARF, Senator WEBER (Presession filed.) CHAPTER .................................................
It is an editor’s brief statement of the essential features of the measure.
AN ACT Relating to hospital finance;
The statement includes a measure digest written in compliance with applicable readability standards.
Digest:
This Act makes the State Treasurer use unclaimed moneys to guarantee a loan to a hospital.
(Flesch Readability Score:
63.6).
[Digest:
This Act lets the State Treasurer loan unclaimed moneys to rural hospitals.
(Flesch Readability Score:
60.7).] [Authorizes] Requires the State Treasurer to [loan] use up to [20 percent of] $44 million from the Unclaimed Property and Estates Fund to guarantee a loan made to a rural [hospitals] hospital for financial stabilization.
Declares an emergency, effective on passage.
A BILL FOR AN ACT Relating to hospital finance;
(h) Require the hospital and lender to exercise all commercially reasonable efforts, not including foreclosure upon the hospital’s real property or equipment securing the loan, to NOTE:
(h) Require the hospital and lender to exercise all commercially reasonable efforts, not including foreclosure upon the hospital’s real property or equipment securing the loan, to meet the debt obligation before pursuing the guarantee;
Matter in boldfaced type in an amended section is new;
matter [italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 12 A-Eng.
HB 4075 meet the debt obligation before pursuing the guarantee;
(a) Thirty days following the loan’s maturity date;
Enrolled House Bill 4075 (HB 4075-A) Page 1 (a) Thirty days following the loan’s maturity date;
[2]
Passed by House March 5, 2026 Received by Governor:
........................M.,........................................................., 2026 ...............................................Approved:..........................
Timothy G.
Sekerak, Chief Clerk of House ........................M.,........................................................., 2026 ..................................................................................
Julie Fahey, Speaker of House ..................................................................................
Tina Kotek, Governor Passed by Senate March 6, 2026 Filed in Office of Secretary of State:
..................................................................................................................................., 2026 Rob Wagner, President of Senate ..................................................................................
Tobias Read, Secretary of State Enrolled House Bill 4075 (HB 4075-A) Page 2
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How this bill changes current law

5 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill introduces provisions for the State Treasurer to guarantee loans for eligible rural hospitals, utilizing funds from the Unclaimed Property and Estates Fund.

  • ORS 98.389

    Notwithstanding ORS 98.389 (3), the State Treasurer shall expend up to $44 million of the moneys in the Unclaimed Property and Estates Fund established under ORS 98.389 as needed to fulfill contractual obligations on a guarantee issued under section 2 of this 2026 Act.

    Allows the State Treasurer to use funds from the Unclaimed Property and Estates Fund to guarantee rural hospital stabilization loans.

  • Section 2 of this 2026 Act

    On or before April 1, 2027, the State Treasurer shall guarantee an eligible rural hospital stabilization loan under this section.

    Establishes a requirement for the State Treasurer to guarantee rural hospital stabilization loans.

  • Section 2 of this 2026 Act

    A rural hospital stabilization loan that is eligible to be guaranteed under this section must: (a) Be made to a hospital that: (A) Is governed by a publicly elected board; and (B) Receives Medicare reimbursement on the basis of diagnostic related groups; (b) Be used only to address cash shortages or to refinance existing debt and not to expand services, facilities or operations or to make capital improvements; (c) Have a maturity date of no later than 20 years after the closing date of the loan; (d) Be a fully amortized loan with no provisions allowing or requiring interest-only or balloon payments; (e) Be made by a single lender or loan syndicate; (f) Be secured by a first position lien on substantially all of the hospital’s real property and material equipment; (g) Provide the State of Oregon with all rights typical of a secured party in a commercial transaction; (h) Require the hospital and lender to exercise all commercially reasonable efforts, not including foreclosure upon the hospital’s real property or equipment securing the loan, to meet the debt obligation before pursuing the guarantee; (i) Be provided to the State Treasurer; (j) Require the hospital or lender to give prompt notice to the State Treasurer: (A) When the loan is paid in full; (B) If servicing of the loan is transferred; (C) If the loan is in default; or (D) If the hospital executes additional loan agreements or modifications to the loan guaranteed under this section.

    Defines the criteria and requirements for loans to be guaranteed for eligible rural hospitals.

  • Section 3 of this 2026 Act

    Section 4 of this 2026 Act is repealed on January 2, 2048.

    Sets a repeal date for the provisions related to funding guarantees for rural hospital stabilization loans.

  • Section 3 of this 2026 Act

    Section 4 of this 2026 Act does not become operative until and unless, on or before April 1, 2027, a loan is guaranteed under section 2 of this 2026 Act.

    Establishes a condition for the implementation of the loan guarantee provisions.

Amendments

1 amendment

Click Show changes on an amendment above to see how it modifies the bill.

Action History

  1. Chapter 111, (2026 Laws): Effective date April 7, 2026.

  2. Governor signed.

  3. President signed.

  4. Speaker signed.

  5. Rules suspended. Third reading. Carried by Smith DB. Passed.

  6. Vote explanation(s) filed by Andersen, Chaichi, Nathanson.

  7. Second reading.

  8. Recommendation: Do pass the A-Eng. bill.

  9. Referred to Ways and Means.

  10. First reading. Referred to President's desk.

  11. Rules suspended. Third reading. Carried by Wright, Nosse. Passed.

  12. Second reading.

  13. Recommendation: Do pass.

  14. Work Session held.

  15. Work Session held.

  16. Returned to Full Committee.

  17. Assigned to Subcommittee On Capital Construction.

  18. Referred to Ways and Means by order of Speaker.

  19. Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.

  20. Work Session held.

  21. Public Hearing held.

  22. Referred to Rules by order of Speaker.

  23. Without recommendation as to passage and be referred to Rules.

  24. Work Session held.

  25. Public Hearing held.

  26. Referred to Health Care.

  27. First reading. Referred to Speaker's desk.

Sponsors

Sponsorship breakdown

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4 sponsors · 15 co-sponsors · 71 not signed on · 29 voted No

Sponsors (4)

Co-sponsors (15)

Not signed on (71)

71 members have not signed on to this bill.

Show all 71 →

"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

Votes

Rules suspended. Third reading. Carried by Wright, Nosse. Passed.

Passed 42 Yea · 15 Nay · 3 Other
Party YeaNayPresentNot Voting
Democrat 181502
Republican 22001
Unaffiliated 2000
Total 421503
% of votes cast 70%25%0%5%
How each member voted (60)
Member Party Vote
Lamar Wise — Yea
Matt Bunch — Yea
Andrea Valderrama Democrat Not Voting
Annessa Hartman Democrat Not Voting
April Dobson Democrat Nay
Ben Bowman Democrat Yea
Dacia Grayber Democrat Nay
Daniel Nguyen Democrat Yea
David Gomberg Democrat Nay
Emerson Levy Democrat Yea
Farrah Chaichi Democrat Yea
Hai Pham Democrat Yea
Jason Kropf Democrat Nay
John Lively Democrat Yea
Jules Walters Democrat Yea
Julie Fahey Democrat Yea
Ken Helm Democrat Yea
Lesly Muñoz Democrat Yea
Lisa Fragala Democrat Nay
Mari Watanabe Democrat Yea
Mark Gamba Democrat Yea
Nancy Nathanson Democrat Nay
Nathan Sosa Democrat Nay
Pam Marsh Democrat Nay
Paul Evans Democrat Yea
Ricki Ruiz Democrat Yea
Rob Nosse Democrat Yea
Sarah McDonald Democrat Yea
Shannon Isadore Democrat Yea
Sue Rieke Smith Democrat Nay
Susan McLain Democrat Nay
Tawna Sanchez Democrat Nay
Thuy Tran Democrat Nay
Tom Andersen Democrat Nay
Travis Nelson Democrat Yea
Willy Chotzen Democrat Nay
Zach Hudson Democrat Nay
Alek Skarlatos Republican Yea
Anna Scharf Republican Yea
Bobby Levy Republican Not Voting
Boomer Wright 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
Gregory Smith Republican Yea
Jami Cate Republican Yea
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

Official roll call →

Rules suspended. Third reading. Carried by Smith DB. Passed.

Passed 16 Yea · 12 Nay · 2 Other
Party YeaNayPresentNot Voting
Democrat 9900
Republican 7302
Total 161202
% of votes cast 53%40%0%7%
How each member voted (30)
Member Party Vote
Anthony Broadman Democrat Yea
Chris Gorsek Democrat Yea
Courtney Neron Misslin Democrat Nay
Deb Patterson Democrat Yea
Floyd Prozanski Democrat Yea
James Manning Jr. Democrat Yea
Janeen Sollman Democrat Nay
Jeff Golden Democrat Nay
Kate Lieber Democrat Nay
Kathleen Taylor Democrat Nay
Kayse Jama Democrat Yea
Khanh Pham Democrat Nay
Lew Frederick Democrat Nay
Lisa Reynolds Democrat Yea
Mark Meek Democrat Yea
Rob Wagner Democrat Yea
Sara Gelser Blouin Democrat Nay
Wlnsvey Campos Democrat Nay
Bruce Starr Republican Yea
Cedric Hayden Republican Not Voting
Christine Drazan Republican Yea
David Brock Smith Republican Yea
Diane Linthicum Republican Nay
Dick Anderson Republican Yea
Fred Girod Republican Nay
Kim Thatcher Republican Not Voting
Mike McLane Republican Yea
Noah Robinson Republican Nay
Suzanne Weber Republican Yea
Todd Nash Republican Yea

Official roll call →

Heard and Reported Out

Passed 40 Yea · 8 Nay
Party YeaNayPresentNot Voting
Democrat 20600
Republican 20000
Unaffiliated 0200
Total 40800
% of votes cast 83%17%0%0%
How each member voted (48)
Member Party Vote
Courtney Neron — Nay
Courtney Neron — Nay
Andrea Valderrama Democrat Yea
Andrea Valderrama Democrat Yea
Ben Bowman Democrat Yea
Ben Bowman Democrat Yea
David Gomberg Democrat Yea
David Gomberg Democrat Yea
Emerson Levy Democrat Yea
Emerson Levy Democrat Yea
James Manning Jr. Democrat Yea
James Manning Jr. Democrat Yea
Janeen Sollman Democrat Nay
Janeen Sollman Democrat Nay
Kate Lieber Democrat Yea
Kate Lieber Democrat Yea
Lew Frederick Democrat Nay
Lew Frederick Democrat Nay
Paul Evans Democrat Yea
Paul Evans Democrat Yea
Ricki Ruiz Democrat Yea
Ricki Ruiz Democrat Yea
Rob Nosse Democrat Yea
Rob Nosse Democrat Yea
Tawna Sanchez Democrat Nay
Tawna Sanchez Democrat Nay
Wlnsvey Campos Democrat Yea
Wlnsvey Campos Democrat Yea
Bruce Starr Republican Yea
Bruce Starr Republican Yea
David Brock Smith Republican Yea
David Brock Smith Republican Yea
Dick Anderson Republican Yea
Dick Anderson Republican Yea
E. Werner Reschke Republican Yea
E. Werner Reschke Republican Yea
Fred Girod Republican Yea
Fred Girod Republican Yea
Gregory Smith Republican Yea
Gregory Smith Republican Yea
Lucetta Elmer Republican Yea
Lucetta Elmer Republican Yea
Mark Owens Republican Yea
Mark Owens Republican Yea
Mike McLane Republican Yea
Mike McLane Republican Yea
Vikki Breese-Iverson Republican Yea
Vikki Breese-Iverson Republican Yea

Official roll call →

Subjects

healthcare health-insurance
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 HB 4075 do?
</b> </i>] [<i>Authorizes</i>]<b> Requires</b> the State Treasurer to [<i>loan</i>]<b> use</b> up to [<i>20 percent of</i>] <b>$44 million from </b>the Unclaimed Property and Estates Fund to <b>guarantee a loan made to a</b> rural [<i>hospitals</i>]<b> hospital</b> for financial stabilization. Declares an emergency, effective on passage.
Who sponsors HB 4075?
HB 4075 is sponsored by Paul Evans (Democrat), Daniel Nguyen (Democrat), Bobby Levy (Republican), Court Boice (Republican), Hai Pham (Democrat), Rob Nosse (Democrat), E. Werner Reschke (Republican), Emily McIntire (Republican), Travis Nelson (Democrat), Lesly Muñoz (Democrat), Darcey Edwards (Republican), Suzanne Weber (Republican), Anna Scharf (Republican), Virgle Osborne (Republican), Kevin Mannix (Republican), Jeffrey Helfrich (Republican), Cyrus Javadi (Republican), David Brock Smith (Republican), and Boomer Wright (Republican).
What is the current status of HB 4075?
This bill has been enacted into law. Introduced February 02, 2026. Enacted.
Where can I track HB 4075?
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