1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session House Bill 2923 Introduced and printed pursuant to House Rule 12.00. Presession filed (at the request of Governor Tina Kotek for Oregon Government Ethics Commission) 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: The Act specifies some types of business roles that must be included on an SEI form. (Flesch Readability Score: 71.7). Specifies some types of business positions that public officials and candidates must supply on a statement of economic interest. A BILL FOR AN ACT Relating to statements of economic interest; creating new provisions; and amending ORS 244.060. Be It Enacted by the People of the State of Oregon: SECTION 1. ORS 244.060 is amended to read: 244.060. The statement of economic interest filed under ORS 244.050 shall be on a form pre- scribed by the Oregon Government Ethics Commission. The public official or candidate filing the statement shall supply the information required by this section and ORS 244.090, as follows: (1) The names of all positions as officer, director, manager, member or partner of a business [and business directorships] held by the public official or candidate or a member of the household of the public official or candidate during the preceding calendar year, and the principal address and a brief description of each business. (2) [All] The names of all other businesses not supplied under subsection (1) of this section under which the public official or candidate and members of the household of the public official or candidate do business and the principal address and a brief description of each business. (3) The names, principal addresses and brief descriptions of the sources of income received during the preceding calendar year by the public official or candidate or a member of the household of the public official or candidate that produce 10 percent or more of the total annual household income. (4)(a) A list of all real property in which the public official or candidate or a member of the household of the public official or candidate has or has had any personal, beneficial ownership in- terest during the preceding calendar year, any options to purchase or sell real property, including a land sales contract, and any other rights of any kind in real property located within the ge- ographic boundaries of the governmental agency of which the public official holds, or the candidate if elected would hold, an official position or over which the public official exercises, or the candidate if elected would exercise, any authority. (b) This subsection does not require the listing of the principal residence of the public official or candidate. (5) All expenses with an aggregate value exceeding $50 received by the public official during the preceding calendar year when participating in a convention, mission, trip or other meeting described 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 428 HB2923 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 in ORS 244.020 (7)(b)(F), including the name and address of the organization, unit of government, tribe or corporation paying the expenses, the nature of the event and the date and amount of the expense. (6) All expenses with an aggregate value exceeding $50 received by the public official during the preceding calendar year when participating in a mission, negotiations or economic development ac- tivities described in ORS 244.020 (7)(b)(H), including the name and address of the person paying the expenses, the nature of the event and the date and amount of the expenditure. (7) All honoraria and other items allowed under ORS 244.042 with a value exceeding $15 that are received by the public official, candidate or member of the household of the public official or candidate during the preceding calendar year, the provider of each honorarium or item and the date and time of the event for which the honorarium or item was received. (8) The name, principal address and brief description of each source of income exceeding an aggregate amount of $1,000, whether or not taxable, received by the public official or candidate, or a member of the household of the public official or candidate, during the preceding calendar year, if the source of that income is derived from an individual or business that has a legislative or ad- ministrative interest or that has been doing business, does business or could reasonably be expected to do business with the governmental agency of which the public official holds, or the candidate if elected would hold, an official position or over which the public official exercises, or the candidate if elected would exercise, any authority. (9)(a) Except as provided in paragraph (b) of this subsection, the name, principal address and brief description of each source of income received during the preceding calendar year by a business identified under subsections (1) and (2) of this section if: (A) The source of income has a legislative or administrative interest or has been doing business, does business or could reasonably be expected to do business with the governmental agency of which the public official holds, or the candidate if elected would hold, an official position or over which the public official exercises, or the candidate if elected would exercise, any authority; and (B) Ten percent or more of the total gross annual income of the business identified under sub- sections (1) and (2) of this section comes from the source of income. (b)(A) This subsection does not require the public official or candidate filing the statement to supply information that the public official or candidate has a statutory duty to keep privileged or confidential if the public official or candidate complies with the procedure set forth in subparagraph (B) of this paragraph. (B) If the public official or candidate has a statutory duty to keep privileged or confidential in- formation otherwise required to be disclosed under this subsection, the public official or candidate shall: (i) Make a formal request to each source of income for which the statutory duty exists, asking if the public official or candidate has the permission of the source of income to make the disclosure required under this subsection; (ii) File a signed statement with the commission stating that the public official or candidate has made the formal request described in sub-subparagraph (i) of this subparagraph; and (iii) Report each source of income that responds in the affirmative to the request made under sub-subparagraph (i) of this subparagraph within 10 business days of receiving the request. (c) A public official or candidate shall be deemed to be in compliance with supplying the infor- mation required under this subsection if the public official or candidate: (A) Accurately submits the information required under this subsection; or [2] HB2923 1 2 3 4 5 6 7 8 9 10 11 (B)(i) Makes a formal request to each source of income that provided 10 percent or more of the total gross annual income of the business identified under subsections (1) and (2) of this section, asking if that source of income has a legislative or administrative interest or has been doing busi- ness, does business or could reasonably be expected to do business with the governmental agency of which the public official holds, or the candidate if elected would hold, an official position or over which the public official exercises, or the candidate if elected would exercise, any authority; and (ii) Reports each source of income that responds in the affirmative to the request made under sub-subparagraph (i) of this subparagraph. SECTION 2. The amendments to ORS 244.060 by section 1 of this 2025 Act apply to statements of economic interest filed on or after the effective date of this 2025 Act. [3]