Bill Sponsor
Oregon House Bill 4083
Session 2024R1
Relating to the removal of thermal coal from the State Treasury investment portfolio.
Became Law
Became Law
Signed by Governor on Apr 4, 2024
Sponsors
Democrat
Khanh Pham
Democrat
Mark Gamba
Democrat
Jeff Golden
Democrat
Tom Andersen
Democrat
Maxine Dexter
Democrat
Hoa Nguyen
Democrat
Rob Nosse
Democrat
Thuy Tran
Democrat
Wlnsvey Campos
Democrat
Michael Dembrow
Democrat
Chris Gorsek
Democrat
Sara Gelser
Democrat
James Manning Jr.
Democrat
Elizabeth Steiner Hayward
First Action
Feb 5, 2024
Latest Action
Apr 10, 2024
Origin Chamber
House
Type
Bill
Bill Number
4083
State
Oregon
Session
2024R1
Sponsorship by Party
Democrat
Primary
Democrat
Primary
Democrat
Primary
Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
Primary
Democrat
Primary
Democrat
Primary
Democrat
Primary
Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Democrat
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Summary
Digest: The Act tells the State Treasurer to stop investing moneys in companies that deal in thermal coal. (Flesch Readability Score: 65.1). Directs the Oregon Investment Council and the State Treasurer to make efforts to eliminate certain investments in thermal coal companies. Provides that divestments must be accomplished without monetary loss to the investment funds. Provides that investments may be retained in a thermal coal company that is transitioning to clean energy. Requires an annual report to the Legislative Assembly on actions taken pursuant to this Act.
Sources
Record Created
Feb 1, 2024 8:51:32 PM
Record Updated
Apr 11, 2024 8:02:18 AM