Relating to exemptions from the application of laws that govern guaranteed asset protection waivers.
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SB 338 — Relating to exemptions from the application of laws that govern guaranteed asset protection waivers.
Last action — Effective date, January 1, 2018.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 09, 2017. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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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
Provides that laws that govern guaranteed asset protection waivers do not apply to addendum to finance agreement that is sold to consumer finance licensee and that is secured by motor vehicle under terms of which creditor agrees to waive creditor's right to collect all or part of amount due from borrower under finance agreement or to release borrower from obligation to pay amount if motor vehicle is total loss or is stolen and not recovered. Provides that addendum to finance agreement described in Act is not insurance and is not subject to Insurance Code.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 338 on the official Oregon source →Action History
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Effective date, January 1, 2018.
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Chapter 451, 2017 Laws.
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Governor signed.
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Speaker signed.
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President signed.
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DeBoer declared potential conflict of interest.
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Senate concurred in House amendments and repassed bill.
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Third reading. Carried by Post. Passed.
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Rules suspended. Carried over to June 1, 2017 Calendar.
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Rules suspended. Carried over to May 31, 2017 Calendar.
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Rules suspended. Carried over to May 30, 2017 Calendar.
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Rules suspended. Carried over to May 26, 2017 Calendar.
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Rules suspended. Carried over to May 25, 2017 Calendar.
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Rules suspended. Carried over to May 24, 2017 Calendar.
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Rules suspended. Carried over to May 23, 2017 Calendar.
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Rules suspended. Carried over to May 22, 2017 Calendar.
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Rules suspended. Carried over to May 18, 2017 Calendar.
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Second reading.
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Recommendation: Do pass with amendments and be printed B-Engrossed.
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Public Hearing and Work Session held.
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Referred to Judiciary.
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First reading. Referred to Speaker's desk.
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DeBoer declared potential conflict of interest.
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Third reading. Carried by Manning Jr. Passed.
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Second reading.
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Recommendation: Do pass with amendments. (Printed A-Eng.)
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Work Session held.
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Public Hearing held.
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Referred to Judiciary.
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Introduction and first reading. Referred to President's desk.
Sponsorship breakdown
Export CSV (upgrade) →0 sponsors · 0 co-sponsors · 90 not signed on · 2 voted No
Sponsors (0)
None.
Co-sponsors (0)
None.
Not signed on (90)
90 members have not signed on to this bill.
Show all 90 →"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 |
|---|---|---|---|---|
| Unaffiliated | 21 | 2 | 0 | 1 |
| Democrat | 4 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 27 | 2 | 0 | 1 |
| % of votes cast | 90% | 7% | 0% | 3% |
How each member voted (30)
| Member | Party | Vote |
|---|---|---|
| Alan DeBoer | — | Yea |
| Alan Olsen | — | Nay |
| Arnie Roblan | — | Yea |
| Betsy Johnson | — | Not Voting |
| Bill Hansell | — | Yea |
| Brian Boquist | — | Yea |
| Chuck Riley | — | Yea |
| Chuck Thomsen | — | Nay |
| Dennis Linthicum | — | Yea |
| Elizabeth Steiner Hayward | — | Yea |
| Ginny Burdick | — | Yea |
| Herman Baertschiger Jr. | — | Yea |
| Jackie Winters | — | Yea |
| Jeff Kruse | — | Yea |
| Laurie Monnes Anderson | — | Yea |
| Lee Beyer | — | Yea |
| Mark Hass | — | Yea |
| Michael Dembrow | — | Yea |
| Peter Courtney | — | Yea |
| Richard Devlin | — | Yea |
| Rod Monroe | — | Yea |
| Sara Gelser | — | Yea |
| Ted Ferrioli | — | Yea |
| Tim Knopp | — | Yea |
| Floyd Prozanski | Democrat | Yea |
| James Manning Jr. | Democrat | Yea |
| Kathleen Taylor | Democrat | Yea |
| Lew Frederick | Democrat | Yea |
| Fred Girod | Republican | Yea |
| Kim Thatcher | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 38 | 0 | 0 | 3 |
| Republican | 5 | 0 | 0 | 0 |
| Democrat | 14 | 0 | 0 | 0 |
| Total | 57 | 0 | 0 | 3 |
| % of votes cast | 95% | 0% | 0% | 5% |
How each member voted (60)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 9 | 0 | 0 | 0 |
| Democrat | 2 | 0 | 0 | 0 |
| Total | 11 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (11)
| Member | Party | Vote |
|---|---|---|
| A. Richard Vial | — | Yea |
| Andy Olson | — | Yea |
| Ann Lininger | — | Yea |
| Bill Post | — | Yea |
| Duane Stark | — | Yea |
| Jeff Barker | — | Yea |
| Jennifer Williamson | — | Yea |
| Mitch Greenlick | — | Yea |
| Sherrie Sprenger | — | Yea |
| Chris Gorsek | Democrat | Yea |
| Tawna Sanchez | Democrat | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 21 | 2 | 0 | 1 |
| Democrat | 4 | 0 | 0 | 0 |
| Republican | 2 | 0 | 0 | 0 |
| Total | 27 | 2 | 0 | 1 |
| % of votes cast | 90% | 7% | 0% | 3% |
How each member voted (30)
| Member | Party | Vote |
|---|---|---|
| Alan DeBoer | — | Yea |
| Alan Olsen | — | Nay |
| Arnie Roblan | — | Yea |
| Betsy Johnson | — | Yea |
| Bill Hansell | — | Yea |
| Brian Boquist | — | Yea |
| Chuck Riley | — | Yea |
| Chuck Thomsen | — | Nay |
| Dennis Linthicum | — | Yea |
| Elizabeth Steiner Hayward | — | Yea |
| Ginny Burdick | — | Yea |
| Herman Baertschiger Jr. | — | Not Voting |
| Jackie Winters | — | Yea |
| Jeff Kruse | — | Yea |
| Laurie Monnes Anderson | — | Yea |
| Lee Beyer | — | Yea |
| Mark Hass | — | Yea |
| Michael Dembrow | — | Yea |
| Peter Courtney | — | Yea |
| Richard Devlin | — | Yea |
| Rod Monroe | — | Yea |
| Sara Gelser | — | Yea |
| Ted Ferrioli | — | Yea |
| Tim Knopp | — | Yea |
| Floyd Prozanski | Democrat | Yea |
| James Manning Jr. | Democrat | Yea |
| Kathleen Taylor | Democrat | Yea |
| Lew Frederick | Democrat | Yea |
| Fred Girod | Republican | Yea |
| Kim Thatcher | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 2 | 0 | 0 | 0 |
| Democrat | 2 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 0 |
| Total | 5 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Dennis Linthicum | — | Yea |
| Michael Dembrow | — | Yea |
| Floyd Prozanski | Democrat | Yea |
| James Manning Jr. | Democrat | Yea |
| Kim Thatcher | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 338 do?
- Provides that laws that govern guaranteed asset protection waivers do not apply to addendum to finance agreement that is sold to consumer finance licensee and that is secured by motor vehicle under terms of which creditor agrees to waive creditor's right to collect all or part of amount due from borrower under finance agreement or to release borrower from obligation to pay amount if motor vehicle is total loss or is stolen and not recovered. Provides that addendum to finance agreement described in Act is not insurance and is not subject to Insurance Code.
- What is the current status of SB 338?
- This bill has been enacted into law. Introduced January 09, 2017. Enacted.
- Where can I track SB 338?
- Track SB 338 free on One Click Politics — get push/email alerts when it moves.
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