Oregon 2025 Regular Session

Oregon House Bill HB2627 Latest Draft

Bill / Introduced Version

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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
House Bill 2627
Introduced and printed pursuant to House Rule 12.00. Presession filed (at the request of House Interim Committee
on Judiciary for Representative Jason Kropf)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure as introduced.The statement includes a measure digest written in compliance with applicable readability
standards.
Digest: Tells the court system to study when it is a good idea to take charge of the assets of
companies that cannot pay people they owe money to. (Flesch Readability Score: 66.6).
Requires the State Court Administrator to study receivership. Directs the administrator to
submit findings to the interim committees of the Legislative Assembly related to receivership not
later than September 15, 2026.
Sunsets on January 2, 2027.
A BILL FOR AN ACT
Relating to receivership.
Be It Enacted by the People of the State of Oregon:
SECTION 1.	The State Court Administrator shall study receivership. The administrator
shall submit a report in the manner provided by ORS 192.245, and may include recommen-
dations for legislation, to the interim committees of the Legislative Assembly related to
receivership no later than September 15, 2026.
SECTION 2.Section 1 of this 2025 Act is repealed on January 2, 2027.
NOTE:Matter in boldfaced type in an amended section is new; matter [italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 2891