Oregon 2017 Regular Session Status: In Committee

SB 968 — Relating to trust deeds; declaring an emergency.

Last action — In committee upon adjournment.

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

This bill died with 2017 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

Revises definition of "beneficiary." Modifies requirements for trustee to foreclose trust deed by advertisement and sale. Declares recorded trustee's deed prima facie evidence that all assignments required to be recorded are recorded. Declares instrument executed by beneficiary prima facie evidence that beneficiary is authorized to execute instrument. Permits beneficiary to designate agent or nominee to act on behalf of beneficiary. Declares emergency, effective on passage.

Bill Text

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

Read SB 968 on the official Oregon source →

Action History

  1. In committee upon adjournment.

  2. Public Hearing held.

  3. Referred to Business and Transportation.

  4. Introduction and first reading. Referred to President's desk.

Sponsors

Sponsorship breakdown

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3 sponsors · 5 co-sponsors · 82 not signed on

Sponsors (3)

Co-sponsors (5)

Not signed on (82)

82 members have not signed on to this bill.

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"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

housing
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Frequently asked questions

What does SB 968 do?
Revises definition of "beneficiary." Modifies requirements for trustee to foreclose trust deed by advertisement and sale. Declares recorded trustee's deed prima facie evidence that all assignments required to be recorded are recorded. Declares instrument executed by beneficiary prima facie evidence that beneficiary is authorized to execute instrument. Permits beneficiary to designate agent or nominee to act on behalf of beneficiary. Declares emergency, effective on passage.
Who sponsors SB 968?
SB 968 is sponsored by Andy Olson, Ted Ferrioli, Herman Baertschiger Jr., Bill Hansell, Brian Clem, Brad Witt, Jeff Barker, and Betsy Johnson.
What is the current status of SB 968?
This bill died with 2017 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 968?
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Last checked for changes 3 months ago · updated continuously

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