Oregon 2019 Regular Session Status: Enacted

SB 359 — Relating to procedures for correcting defective corporate actions.

Last action — Effective date, January 1, 2020.

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

This bill has been enacted into law. Introduced January 14, 2019. Enacted.

Prognosis

Likely to advance 68% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 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 structure and procedures by which business corporation and nonprofit corporation may ratify and approve defective corporate actions. Permits certain persons to challenge ratification and approval of defective corporate actions.

Bill Text

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

Read SB 359 on the official Oregon source →

Action History

  1. Effective date, January 1, 2020.

  2. Chapter 325, 2019 Laws.

  3. Governor signed.

  4. Speaker signed.

  5. President signed.

  6. Senate concurred in House amendments and repassed bill.

  7. Third reading. Carried by McLane. Passed.

  8. Third Reading commenced. Carried over to May 23, 2019 Calendar by virtue of adjournment.

  9. Carried over to May 22, 2019 Calendar by virtue of adjournment.

  10. Carried over to May 21, 2019 Calendar by virtue of adjournment.

  11. Carried over to May 20, 2019 Calendar by virtue of adjournment.

  12. Carried over to May 17, 2019 Calendar by virtue of adjournment.

  13. Carried over to May 16, 2019 Calendar by virtue of adjournment.

  14. Carried over to May 15, 2019 Calendar by virtue of adjournment.

  15. Carried over to May 14, 2019 Calendar by virtue of adjournment.

  16. Second reading.

  17. Recommendation: Do pass with amendments and be printed A-Engrossed.

  18. Work Session held.

  19. Public Hearing and Work Session cancelled.

  20. Public Hearing held.

  21. Referred to Judiciary.

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

  23. Third reading. Carried by Fagan. Passed.

  24. Carried over to 02-19 by unanimous consent.

  25. Second reading.

  26. Recommendation: Do pass.

  27. Public Hearing and Work Session held.

  28. Referred to Judiciary.

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

Sponsorship breakdown

Export CSV (upgrade) →

0 sponsors · 0 co-sponsors · 90 not signed on · 1 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.

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

Senate concurred in House amendments and repassed bill.

Passed 28 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 21000
Democrat 5001
Republican 2000
Total 28001
% of votes cast 97%0%0%3%
How each member voted (29)
Member Party Vote
Alan Olsen — Yea
Arnie Roblan — Yea
Betsy Johnson — Yea
Bill Hansell — Yea
Brian Boquist — Yea
Chuck Riley — Yea
Chuck Thomsen — Yea
Cliff Bentz — Yea
Dallas Heard — Yea
Dennis Linthicum — Yea
Elizabeth Steiner Hayward — Yea
Ginny Burdick — Yea
Herman Baertschiger Jr. — Yea
Laurie Monnes Anderson — Yea
Lee Beyer — Yea
Mark Hass — Yea
Michael Dembrow — Yea
Peter Courtney — Yea
Sara Gelser — Yea
Shemia Fagan — Yea
Tim Knopp — Yea
Floyd Prozanski Democrat Yea
James Manning Jr. Democrat Yea
Jeff Golden Democrat Yea
Kathleen Taylor Democrat Not Voting
Lew Frederick Democrat Yea
Rob Wagner Democrat Yea
Fred Girod Republican Yea
Kim Thatcher Republican Yea

Official roll call →

Third reading. Carried by McLane. Passed.

Passed 56 Yea · 1 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 34003
Democrat 13100
Republican 9000
Total 56103
% of votes cast 93%2%0%5%
How each member voted (60)
Member Party Vote
Alissa Keny-Guyer — Yea
Andrea Salinas — Yea
Anna Williams — Yea
Barbara Smith Warner — Yea
Bill Post — Yea
Brad Witt — Yea
Brian Clem — Not Voting
Caddy McKeown — Yea
Carl Wilson — Yea
Carla Piluso — Yea
Cheri Helt — Yea
Courtney Neron — Yea
Dan Rayfield — Yea
Denyc Boles — Yea
Diego Hernandez — Yea
Duane Stark — Yea
Gary Leif — Not Voting
Greg Barreto — Yea
Jack Zika — Yea
Janelle Bynum — Yea
Jeff Barker — Yea
Jeff Reardon — Yea
Jennifer Williamson — Yea
Karin Power — Yea
Lynn Findley — Yea
Margaret Doherty — Yea
Marty Wilde — Yea
Mike Nearman — Yea
Mitch Greenlick — Not Voting
Paul Holvey — Yea
Rachel Prusak — Yea
Ron Noble — Yea
Sheri Schouten — Yea
Sherrie Sprenger — Yea
Teresa Alonso Leon — Yea
Tiffiny Mitchell — Yea
Tina Kotek — Yea
Chris Gorsek Democrat Yea
David Gomberg Democrat Yea
Janeen Sollman Democrat Yea
John Lively Democrat Yea
Julie Fahey Democrat Yea
Ken Helm Democrat Yea
Mark Meek Democrat Yea
Nancy Nathanson Democrat Yea
Pam Marsh Democrat Yea
Paul Evans Democrat Nay
Rob Nosse Democrat Yea
Sue Rieke Smith Democrat Yea
Susan McLain Democrat Yea
Tawna Sanchez Democrat Yea
Cedric Hayden Republican Yea
Christine Drazan Republican Yea
Daniel Bonham Republican Yea
David Brock Smith Republican Yea
E. Werner Reschke Republican Yea
Kim Wallan Republican Yea
Mike McLane Republican Yea
Rick Lewis Republican Yea
Shelly Boshart Davis Republican Yea

Official roll call →

Heard and Reported Out with Amendments

Passed 8 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
Unaffiliated 5003
Democrat 1000
Republican 2000
Total 8003
% of votes cast 73%0%0%27%
How each member voted (11)
Member Party Vote
Carla Piluso — Yea
Duane Stark — Yea
Janelle Bynum — Yea
Jeff Barker — Not Voting
Jennifer Williamson — Yea
Karin Power — Not Voting
Mitch Greenlick — Yea
Sherrie Sprenger — Not Voting
Chris Gorsek Democrat Yea
Mike McLane Republican Yea
Rick Lewis Republican Yea

Official roll call →

Third reading. Carried by Fagan. Passed.

Passed 29 Yea · 0 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 21001
Democrat 6000
Republican 2000
Total 29001
% of votes cast 97%0%0%3%
How each member voted (30)
Member Party Vote
Alan Olsen — Yea
Arnie Roblan — Yea
Betsy Johnson — Yea
Bill Hansell — Yea
Brian Boquist — Yea
Chuck Riley — Yea
Chuck Thomsen — Yea
Cliff Bentz — Yea
Dallas Heard — Yea
Dennis Linthicum — Yea
Elizabeth Steiner Hayward — Yea
Ginny Burdick — Yea
Herman Baertschiger Jr. — Yea
Jackie Winters — Not Voting
Laurie Monnes Anderson — Yea
Lee Beyer — Yea
Mark Hass — Yea
Michael Dembrow — Yea
Peter Courtney — Yea
Sara Gelser — Yea
Shemia Fagan — Yea
Tim Knopp — Yea
Floyd Prozanski Democrat Yea
James Manning Jr. Democrat Yea
Jeff Golden Democrat Yea
Kathleen Taylor Democrat Yea
Lew Frederick Democrat Yea
Rob Wagner Democrat Yea
Fred Girod Republican Yea
Kim Thatcher Republican Yea

Official roll call →

Subjects

finance
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 359 do?
Provides structure and procedures by which business corporation and nonprofit corporation may ratify and approve defective corporate actions. Permits certain persons to challenge ratification and approval of defective corporate actions.
What is the current status of SB 359?
This bill has been enacted into law. Introduced January 14, 2019. Enacted.
Where can I track SB 359?
Track SB 359 free on One Click Politics — get push/email alerts when it moves.

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