HB 4116
Plain-language analysis
Generated analysis, not an official summary or legal advice. Confirm with linked Oregon documents.
The enrolled bill amends Oregon’s consumer finance lending statutes to explicitly opt out of federal preemption that allows out-of-state state-chartered banks to apply their home state’s interest rate caps in Oregon. It expands the jurisdictional triggers for licensing under ORS Chapter 725 to loans of $50,000 or less where the consumer is physically present in Oregon at contract execution or initiates payment from an Oregon account. Materially, this subjects previously exempt out-of-state lenders to Oregon’s interest rate caps and licensing regime, likely forcing them to exit the Oregon market or restructure their lending products to comply with state limits.
Basis: Inferred · Sources: Enrolled; Staff Measure Summary
Official staff analysis states the measure’s purpose is to stop state financial institutions established outside Oregon from relying on their home state’s laws to determine allowable interest rates for loans made in Oregon, thereby allowing Oregon to enforce its own rate caps on consumer finance loans.
Basis: Official analysis · Source: Staff Measure Summary
Inferred from cited text; not a stated purpose.
The text’s specific opt-out of Section 521 of the Depository Institutions Deregulation and Monetary Control Act of 1980 for loans of $50,000 or less suggests a legislative hypothesis that Oregon consumers are being exposed to higher effective interest rates through out-of-state lending channels that bypass state caps. By tying jurisdiction to physical presence in Oregon at contract execution or payment initiation from an Oregon account, the text aims to close geographic arbitrage loopholes while preserving access to credit for residents who negotiate loans while physically located in the state.
Basis: Inferred · Sources: Enrolled; Staff Measure Summary
Must now comply with Oregon’s interest rate caps and licensing requirements or cease lending in the state.
Basis: Inferred · Source: Enrolled
May face reduced access to subprime or high-cost emergency loans if out-of-state lenders exit the market; existing borrowers may see loan terms restructured to meet state caps.
Basis: Inferred · Source: Staff Measure Summary
Face a more level competitive playing field as out-of-state competitors are removed or constrained by identical regulatory standards.
Basis: Inferred · Source: Staff Measure Summary
Bears increased regulatory oversight and enforcement responsibilities for licensing and compliance monitoring under the updated ORS 725.120 requirements.
Basis: Inferred · Source: Enrolled
Lenders must obtain Oregon licenses, submit fingerprints, credit reports, and NMLS identifiers, and adhere to state interest rate limits for loans ≤$50,000.
Basis: Inferred · Source: Enrolled
Consumers may experience tighter credit availability for amounts near the $50,000 threshold or those with lower credit profiles if lenders withdraw from the market due to compliance costs or rate restrictions.
Basis: Inferred · Source: Staff Measure Summary
Enforcement shifts to DCBS, which can now pursue violations against previously exempt out-of-state entities operating in Oregon.
Basis: Inferred · Source: Enrolled
No direct fiscal impact on state revenues is indicated for this enrolled version; licensing fees remain governed by existing statutes.
Basis: Official analysis · Source: Staff Measure Summary
Credit-challenged Oregon resident
Successfully secures a $45,000 debt consolidation loan at a legally capped interest rate from an out-of-state lender that restructures its portfolio to comply with Oregon law, avoiding predatory terms previously available through unregulated channels.
Basis: Inferred · Source: Enrolled
Oregon consumers relying on short-term credit
An out-of-state lender abruptly ceases all lending in Oregon due to compliance costs and regulatory risk, leaving thousands of consumers with no access to short-term credit during a financial emergency and forcing them toward informal or illegal lending markets.
Basis: Inferred · Source: Staff Measure Summary
The text legally permits Oregon to enforce its rate caps on loans where the consumer is physically present in the state or pays from an Oregon account. A potential unlawful outcome could arise if lenders misclassify loan origination locations or payment routing to evade jurisdiction, or if DCBS enforcement selectively targets specific lending models without clear administrative rules defining “facilitator” liability. Weak enforcement or ambiguous geographic triggers could lead to regulatory arbitrage rather than uniform compliance.
Sources · Enrolled
Oregon prioritizes enforcing state interest rate caps on out-of-state lenders over maintaining broad access to short-term credit for consumers who rely on those channels. Upsides include stronger consumer protection and regulatory parity; downsides include potential credit contraction for subprime borrowers and increased compliance burdens for lenders.
Prevents out-of-state lenders from exploiting federal preemption to bypass Oregon’s interest rate caps, reducing effective borrowing costs for consumers.
Basis: Inferred · Source: Staff Measure Summary
Creates regulatory parity between in-state and out-of-state lenders operating in Oregon.
Basis: Inferred · Source: Enrolled
May reduce credit availability for consumers with lower credit profiles who depend on out-of-state lenders willing to accept higher risk.
Basis: Inferred · Source: Staff Measure Summary
Increases compliance and licensing costs for lenders, potentially leading to market exit rather than adaptation.
Basis: Inferred · Source: Staff Measure Summary
The previous version proposed establishing a 12-member Task Force on Equitable Access to Short-Term Financial Products to study short-term credit access, consequences of restriction, and alternatives, with a December 2026 report deadline and December 2027 sunset. The enrolled bill completely replaces the task force framework with direct statutory amendments to ORS Chapter 725. It opts out of Section 521 DIDMCA preemption for consumer finance loans ≤$50,000, expands licensing jurisdiction based on physical presence or payment initiation, and updates application requirements (NMLS ID, fingerprints, credit reports). The enrolled version shifts from a research/study mandate to immediate regulatory enforcement and compliance obligations.
Replaced task force study mandate with direct licensing and rate cap enforcement for out-of-state lenders.
high
Sources · Enrolled; Senate Minority Amendments to Introduced
Added explicit opt-out of federal preemption for loans ≤$50,000; defined jurisdiction by consumer physical presence or payment routing.
high
Sources · Enrolled
Updated licensing application requirements to include NMLS unique identifiers, fingerprints, credit report authorization, and administrative/criminal proceeding disclosures.
medium
Sources · Enrolled
Tradeoff: The shift from a task force study to direct regulatory opt-out trades delayed policy analysis for immediate market restructuring, prioritizing consumer rate protection over legislative research timeframes.
high confidence. The enrolled bill text explicitly opts out of federal preemption and defines jurisdictional triggers. Official staff analysis confirms the purpose and notes no revenue impact. The absence of a task force in the enrolled version (present only in the previous minority amendment) is clearly documented.
Possible effects if adopted; not current bill text.
Decision brief generation failed. The existing briefs were preserved and this version can be retried.
The amendment establishes a temporary, governor-appointed task force to study short-term loan access, loan features, consumer demographics, and potential alternatives or safeguards, with a December 15, 2026 reporting deadline and a December 31, 2027 sunset. It defers immediate regulatory changes to short-term lending while adding legislative findings on consumer financial vulnerability.
Basis: Stakeholder claim · Source: Amendment -3 — proposed amendment
Official sources do not state why this measure was proposed.
Sponsor testimony, staff summaries, committee materials, or statutory findings may explain it.
Inferred from cited text; not a stated purpose.
The amendment replaces substantive regulatory opt-out language with a study mandate, suggesting a legislative compromise to pause immediate rate-cap enforcement while gathering evidence on short-term credit impacts.
Basis: Inferred · Sources: Amendment -3 — proposed amendment; Staff Measure Summary; Staff Measure Summary A
Subject to study on financial vulnerability, emergency expense coverage, and potential future policy changes that could alter short-term credit availability or introduce safeguards.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Subject to study on loan features, fee structures, and potential regulatory or safeguard recommendations; no immediate licensing or rate changes are imposed.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Granted two appointed voting seats on the task force to influence study focus and safeguard recommendations.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Obligated to provide staff support, facilitate meetings, and share data within confidentiality limits; DCBS bears staffing and travel costs.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Governor appoints voting members and selects leadership; Legislative Assembly receives a December 2026 report with potential legislative recommendations.
Basis: Inferred · Source: Amendment -3 — proposed amendment
DCBS must allocate approximately 0.54 FTE staff to support the task force, with estimated costs of $167,768 in other funds for the 2025-27 biennium and $72,193 for 2027-29.
Basis: Inferred · Source: Fiscal Impact Statement MRA
Non-legislative task force members serve voluntarily without compensation or expense reimbursement unless qualified under ORS 292.495, limiting participation to those with independent resources.
Basis: Inferred · Source: Amendment -3 — proposed amendment
State agencies must assist the task force and furnish information within confidentiality limits, creating a data-sharing obligation without mandating specific reporting formats.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Immediate regulatory changes to short-term lending are deferred pending a December 15, 2026 report, delaying consumer protections or market adjustments until after the study concludes.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Credit-challenged consumers and policymakers
The task force identifies scalable, low-cost credit alternatives and viable safeguards, leading to legislation that expands financial inclusion while preserving emergency access without restricting short-term lending.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Credit-challenged consumers and policymakers
The study delays critical consumer protections indefinitely; recommendations are ignored or watered down, leaving vulnerable consumers exposed to high-cost lending with no immediate regulatory recourse.
Basis: Inferred · Source: Amendment -3 — proposed amendment
The amendment creates a study mandate but lacks oversight mechanisms to prevent administrative overreach or biased stakeholder composition from influencing future regulatory actions beyond the task force's statutory scope.
Sources · Amendment -3 — proposed amendment
Defers immediate regulatory action on short-term lending in exchange for a structured, temporary review process that may yield more tailored policy options but risks delaying consumer protections.
Evidence-based approach to complex credit access issues.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Stakeholder inclusion ensures diverse perspectives inform future policy.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Fiscal neutrality with minimal state expenditure and no revenue impact.
Basis: Inferred · Source: Fiscal Impact Statement MRA
Delays immediate consumer protections or market adjustments.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Relies on voluntary participation, potentially limiting stakeholder diversity and representation.
Basis: Inferred · Source: Amendment -3 — proposed amendment
Lacks enforcement mechanisms or binding authority to ensure compliance with future recommendations.
Basis: Inferred · Source: Amendment -3 — proposed amendment
high confidence. The amendment text, fiscal impact statements, and staff summaries provide clear, consistent information on the task force's structure, mandate, timeline, and costs. No enacted provisions or binding regulatory changes are present.
The amendment replaces the original bill's regulatory opt-out of federal preemption for out-of-state lenders with a temporary, governor-appointed task force to study short-term credit access, loan features, and policy alternatives. If adopted, it would delay any immediate change to Oregon's interest rate caps or lender licensing requirements, shift regulatory focus to data collection and stakeholder analysis funded by banking fees, and require a report with potential legislative recommendations by December 15, 2026, before the task force sunsets on December 31, 2027.
Basis: Stakeholder claim · Sources: Amendment -MR2 — proposed amendment; Fiscal Impact Statement MRA
Official sources do not state why this measure was proposed.
Sponsor testimony, staff summaries, committee materials, or statutory findings may explain it.
Inferred from cited text; not a stated purpose.
The amendment appears designed to pause regulatory action on out-of-state lender rate caps while gathering empirical data on consumer reliance on short-term credit, aiming to prevent premature restrictions that could eliminate emergency funding options for credit-challenged households.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Would gain a formal channel to report experiences and influence future short-term credit policy, but would experience no immediate change in loan availability or regulatory protections while the task force conducts its study.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Would be subject to study of their business models, fee structures, and consumer impact, with potential future regulatory recommendations based on task force findings rather than immediate statutory changes.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Gains authority to appoint voting task force members and direct DCBS staff support, bearing administrative and research obligations funded by banking fees.
Basis: Inferred · Sources: Amendment -MR2 — proposed amendment; Fiscal Impact Statement MRA
Would receive a data-driven report by December 15, 2026 to inform potential future legislation on consumer finance or interest rate caps, with no immediate legislative action required.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
DCBS must allocate 0.54 FTE staff in the 2025-27 biennium and 0.25 FTE in 2027-29 to manage research, meetings, and reporting, funded by $167,768 and $72,193 from banking fees respectively.
Basis: Inferred · Source: Fiscal Impact Statement MRA
No immediate change to credit access or lender licensing occurs; regulatory decisions on out-of-state rate caps are deferred pending task force findings.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Task force members must participate in testimony collection and research; non-legislative members serve without compensation unless they meet specific statutory qualifications.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Credit-challenged consumers and policymakers
Task force data reveals that short-term loans significantly reduce emergency debt spirals for low-income households, leading to targeted safeguards such as mandatory repayment plans and fee transparency rules that preserve access while reducing consumer harm.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Credit-challenged consumers and short-term lenders
Task force findings are used to justify a complete ban on short-term lending without viable alternatives, leaving credit-challenged consumers with fewer options and potentially driving them toward unregulated or predatory informal lenders.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
The text grants investigative and reporting powers but no direct regulatory authority; duty creep or overbroad recommendations could functionally alter market conditions without proper legal process.
Sources · Amendment -MR2 — proposed amendment
The measure trades immediate regulatory certainty on out-of-state lender rate caps for a structured, data-driven review of short-term credit access, potentially preventing premature restrictions that could harm vulnerable consumers while delaying consumer protection reforms.
Informed policy development grounded in empirical data and stakeholder input.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Preservation of emergency funding options for credit-challenged households during the study period.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Regulatory delay may leave consumers exposed to existing lending practices without immediate oversight.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
Risk of inconclusive or politically contested findings that stall necessary consumer protection reforms.
Basis: Inferred · Source: Amendment -MR2 — proposed amendment
high confidence. Analysis is grounded exclusively in the supplied amendment text, fiscal impact statements, and staff measure summaries. No external speculation or unverified claims are included.
The amendment replaces HB 4116 with a temporary state task force to study short-term credit access, loan features, and potential alternatives or safeguards, delaying any direct regulatory changes to interest rate caps or licensing. If adopted, it would maintain the current lending environment during the study period while imposing administrative staffing costs on the Department of Consumer and Business Services funded by banking fees, with legislative recommendations due by December 2026.
Basis: Inferred · Sources: Amendment -1 — proposed amendment; Fiscal Impact Statement MRA
Official sources do not state why this measure was proposed.
Sponsor testimony, staff summaries, committee materials, or statutory findings may explain it.
Inferred from cited text; not a stated purpose.
The amendment likely substitutes immediate regulatory intervention with a study period to balance consumer protection concerns against potential credit access disruptions for subprime borrowers, as inferred from the Whereas clauses emphasizing unintended consequences of restriction and the need for alternatives/safeguards.
Basis: Inferred · Source: Amendment -1 — proposed amendment
May retain access to short-term loans during the study period; future restrictions or safeguards could alter availability, cost, or terms based on task force findings.
Basis: Inferred · Source: Amendment -1 — proposed amendment
Face a temporary regulatory status quo regarding interest rate caps and licensing; must prepare for potential future policy changes or reporting requirements if recommended.
Basis: Inferred · Sources: Amendment -1 — proposed amendment; Staff Measure Summary
Gain formal representation on a state task force to influence study parameters and recommendations regarding loan features and safeguards.
Basis: Inferred · Source: Amendment -1 — proposed amendment
Bears administrative burden and staffing costs to support the task force, funded through banking fees rather than general funds.
Basis: Inferred · Source: Fiscal Impact Statement MRA
Lenders continue operating under current ORS Chapter 725 rules until potential future legislation. DCBS must allocate staff (0.54 FTE) and facilitate meetings/research. Task force members conduct public hearings and data analysis.
Basis: Inferred · Sources: Amendment -1 — proposed amendment; Fiscal Impact Statement MRA
Short-term credit remains available during the study period; if the task force recommends restrictions without viable alternatives, access could contract post-sunset. Enforcement mechanisms for any future recommendations depend on subsequent legislation.
Basis: Inferred · Source: Amendment -1 — proposed amendment
Credit-challenged Oregonians
Task force identifies a scalable, low-cost alternative to short-term loans (e.g., expanded credit-builder programs or regulated microloan products), successfully preserving emergency liquidity while eliminating predatory fee structures.
Basis: Inferred · Source: Amendment -1 — proposed amendment
Credit-challenged Oregonians and lenders
Task force recommends strict rate caps or product restrictions without identifying viable substitutes, causing out-of-state lenders to exit the market and leaving credit-challenged consumers with fewer emergency funding options, potentially increasing reliance on informal/high-cost alternatives.
Basis: Inferred · Source: Amendment -1 — proposed amendment
The amendment legally permits study and recommendation only. It does not grant DCBS authority to impose new caps, fees, or licensing barriers without separate legislative action. Misclassification risks arise if future regulators expand the task force's scope beyond its statutory mandate or apply findings retroactively.
Sources · Amendment -1 — proposed amendment
Balances immediate regulatory action on lending rates against the need for empirical data to prevent unintended credit access disruptions, with upsides including informed policy design and stakeholder input, and downsides including delayed consumer protections and administrative costs funded by industry fees.
Data-driven recommendations may yield targeted safeguards that protect vulnerable borrowers without eliminating emergency credit options.
Basis: Inferred · Source: Amendment -1 — proposed amendment
Formal inclusion of borrowers, lenders, and consumer advocates ensures diverse perspectives shape future policy.
Basis: Inferred · Source: Amendment -1 — proposed amendment
Delaying regulatory action leaves potentially high-cost or opaque short-term loans available during the study period.
Basis: Inferred · Source: Amendment -1 — proposed amendment
Administrative costs are funded through banking fees, potentially shifting financial burden to the lending industry.
Basis: Inferred · Source: Fiscal Impact Statement MRA
high confidence. The amendment text, fiscal impact statements, and staff summaries provide clear statutory language, composition rules, study mandates, and cost estimates. Inferences are bounded to the text's explicit parameters.
Decision brief generation failed. The existing briefs were preserved and this version can be retried.
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Earliest loaded signal
Introduced bill text posted
Posted Jan 28, 2026, 3:25 PM PST
Follow the official text for HB 4116 and every amendment branch. Connections come from each amendment's stated base. Horizontal position shows when each document was first posted, when available. Dotted links flag likely related proposals based on their text.
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Selected document summary
Targeted changes
What the document says to change
On page 1 of the printed bill, line 2, after “loans;” delete the rest of the 2 line.
Inferred policy relationships
Likely revised proposal · Amendment -3
High confidence from shared inserted text: ORS 174.111, ORS 192.245, ORS 292.495, Tax credit, Effective date.
Likely revised proposal · Amendment -MR4
High confidence from shared inserted text: ORS 174.111, ORS 192.245, ORS 292.495, Tax credit, Effective date.
Likely revised proposal · Amendment -MR2
High confidence from shared inserted text: ORS 174.111, ORS 192.245, ORS 292.495, Tax credit, Effective date.
This is a text-based early signal, not an official statement that one amendment changes the other.
No deeper official pre-number history was found.
Chief sponsors: Representative Nathan Sosa, Senator Courtney Neron Misslin, House Majority Leader Ben Bowman, Representative Tom Andersen, Representative Lamar Wise, Senator Wlnsvey Campos, Senator Jeff Golden, Senator Deb Patterson, Senator Floyd Prozanski
Regular sponsors: Representative Farrah Chaichi, Representative Mark Gamba, Representative David Gomberg, Representative Ken Helm, Representative Lesly Muñoz, Representative Nancy Nathanson, Representative Travis Nelson, Senator Lew Frederick, Senator Kayse Jama, Senator Khanh Pham, Senator Janeen Sollman, Representative Susan McLain, Representative Zach Hudson, Representative Jules Walters, Representative Thuy Tran
House carrier
Representative Nathan Sosa
Consideration Of Committee And Minority Reports
House carrier
Representative Nathan Sosa
Third Reading and Final Consideration
House carrier
Representative Virgle Osborne
Consideration Of Committee And Minority Reports · Version A
Senate carrier
Senator Courtney Neron Misslin
Consideration Of Committee and Minority Reports
Senate carrier
Senator Wlnsvey Campos
Consideration Of Committee and Minority Reports
Senate carrier
Senator Wlnsvey Campos
Third Reading and Final Consideration
Senate carrier
Senator Courtney Neron Misslin
Third Reading and Final Consideration
Senate carrier
Senator Cedric Hayden
Consideration Of Committee and Minority Reports · Version A
A carrier presents the measure or report but is not necessarily its sponsor or author.
Records already listed in Activity are not repeated here.
Official origin records are incomplete; missing facts are not inferred.
53 events
Full timeline
53 entries shown.
Chapter 113, (2026 Laws): Effective date June 5, 2026.
Governor signed.
President signed.
Speaker signed.
McLane, granted unanimous consent to change vote to nay.
Third reading. Carried by Neron Misslin, Campos. Passed.
Ayes, 16; Nays, 13--Anderson, Drazan, Girod, Hayden, Lieber, Linthicum, McLane, Nash, Robinson, Smith DB, Starr, Thatcher, Weber; Excused, 1--Meek.
Motion to refer to Committee on Rules failed.
Ayes, 12; Nays, 17--Broadman, Campos, Frederick, Gelser Blouin, Golden, Gorsek, Jama, Lieber, Manning Jr, Neron Misslin, Patterson, Pham, Prozanski, Reynolds, Sollman, Taylor, President Wagner; Excused, 1--Meek.
Motion to substitute Minority Report for Committee Report failed.
Ayes, 12; Nays, 18--Broadman, Campos, Frederick, Gelser Blouin, Golden, Gorsek, Jama, Lieber, Manning Jr, Meek, Neron Misslin, Patterson, Pham, Prozanski, Reynolds, Sollman, Taylor, President Wagner.
Second reading.
Minority Report #2 to A-Engrossed bill text posted
Senate Minority Amendments to Introduced bill text posted
Minority Recommendation: Do pass with amendments. (Printed A-Eng. Minority)
Recommendation: Do pass.
Staff Measure Summary
Staff Measure Summary · Version A · Minority
Staff Measure Summary
Fiscal Impact Statement · Version INTRO
Fiscal Impact Statement · Version MRA
Revenue Impact Statement · Version MRA
Public Hearing and Work Session held.
Public Hearing and Work Session
Heard and Reported Out · Agenda item 2 · Room HR E · CARRIED OVER FROM THE 02/23/2026 MEETING: Declares that this state does not want the amendments set forth in section 521 of the Depository Institutions Deregulation and Monetary Control Act of 1980 to apply to consumer finance loans made in this state.
Amendment -MR4 minority report
Amendment -3 proposed
IS_Impact HB 4116 INTRO
Revenue Impact Statement
Public Hearing held.
Public Hearing
Heard · Agenda item 2 · Room HR E · Declares that this state does not want the amendments set forth in section 521 of the Depository Institutions Deregulation and Monetary Control Act of 1980 to apply to consumer finance loans made in this state.
IS_Impact HB 4116 INTRO
Revenue Impact Statement
Referred to Labor and Business.
First reading. Referred to President's desk.
Vote explanation(s) filed by Levy E, Nguyen D.
Third reading. Carried by Sosa. Passed.
Ayes, 31; Nays, 24--Boice, Boshart Davis, Breese-Iverson, Bunch, Cate, Diehl, Edwards, Elmer, Levy E, Lively, Mannix, McIntire, Nguyen D, Osborne, Owens, Pham H, Reschke, Rieke Smith, Scharf, Skarlatos, Smith G, Wallan, Wright, Yunker; Excused, 2--Lewis, Valderrama; Excused for Business of the House, 3--Harbick, Helfrich, Levy B.
Motion to substitute Minority Report for Committee Report failed.
Ayes, 25; Nays, 33--Andersen, Bowman, Chaichi, Chotzen, Dobson, Fragala, Gamba, Gomberg, Grayber, Helm, Hudson, Isadore, Javadi, Kropf, Lively, Marsh, McDonald, McLain, Munoz, Nathanson, Nelson, Nguyen D, Nosse, Pham H, Rieke Smith, Ruiz, Sanchez, Sosa, Tran, Walters, Watanabe, Wise, Speaker Fahey; Excused, 2--Lewis, Valderrama.
Second reading.
Minority Report A-Engrossed bill text posted
House Minority Amendments to Introduced bill text posted
Minority Recommendation: Do pass with amendments and be printed A-Engrossed.
Recommendation: Do pass.
Work Session held.
Work Session
Heard and Reported Out · Agenda item 4 · Room HR F · Declares that this state does not want the amendments set forth in section 521 of the Depository Institutions Deregulation and Monetary Control Act of 1980 to apply to consumer finance loans made in this state.
Amendment -MR2 minority report
Amendment -1 proposed
IS_Impact HB 4116 INTRO
Revenue Impact Statement
Work Session
Not Heard · Agenda item 5 · Room HR F · Declares that this state does not want the amendments set forth in section 521 of the Depository Institutions Deregulation and Monetary Control Act of 1980 to apply to consumer finance loans made in this state.
Amendment -1 proposed
IS_Impact HB 4116 INTRO
Revenue Impact Statement
Public Hearing held.
Public Hearing
Heard · Agenda item 3 · Room HR F · Declares that this state does not want the amendments set forth in section 521 of the Depository Institutions Deregulation and Monetary Control Act of 1980 to apply to consumer finance loans made in this state.
Referred to Commerce and Consumer Protection.
First reading. Referred to Speaker's desk.
“Chapter 113, (2026 Laws): Effective date June 5, 2026.”
Confirm with the official record.
Supplemental, source-linked analysis from project researchers and community contributors. It is separate from Oregon's official record.